eFXdata reports that Credit Agricole CIB Research discusses its expectations for the US December jobs report.

"We expect Friday’s December employment report to show a continued slowdown in the labour market recovery, with nonfarm payroll gains nearly grinding to a halt though. Consensus currently sits at 68k, though there are a range of forecasts between -175k and +200k. With barely positive payroll gains, we look for the unemployment rate to tick up to 6.8% from 6.7%, with average hourly earnings rising 0.2% MoM, resulting in a still-elevated 4.5% YoY pace," CACIB adds.