Preview: Market Focuses on Tonight's US July Unemployment Rate and Non-Farm Payrolls, Roundup of Institutional Outlooks

The US July unemployment rate and non-farm payroll data will be released at 20:30 Beijing time tonight. Below are institutional forecasts for US July non-farm payroll employment: Vanguard: +10,000; Berenberg Bank: +40,000; Scotiabank: +50,000; Moody's Analytics: +50,000; Royal Bank of Canada: +63,000; Deutsche Bank: +65,000; SEB: +65,000; UBS Group: +70,000; TD Securities: +70,000; Danske Bank: +70,000; Morgan Stanley: +70,000; HSBC Holdings: +70,000; BNP Paribas: +75,000; ING Group: +75,000; Bank of Montreal: +75,000; Goldman Sachs: +75,000; JPMorgan Chase: +75,000; Daiwa Capital Markets: +75,000; Westpac Banking Corp: +75,000; Standard Chartered: +75,000; Pantheon Macroeconomics: +75,000; U.S. Bancorp: +75,000; Canadian Imperial Bank of Commerce: +75,000; High-Frequency Economics: +78,000; Sumitomo Mitsui: +78,000; Oxford Economics: +80,000; Commonwealth Bank of Australia: +80,000; BofA Merrill Lynch: +80,000; ANZ Bank: +80,000; Lloyds Banking Group: +80,000; NatWest Markets: +85,000; Capital Economics: +90,000; Wells Fargo: +95,000; Barclays: +100,000; Commerzbank: +100,000; Societe Generale: +105,000; Citigroup: +115,000; Mizuho Securities: +115,000; Nomura Securities: +130,000. Reuters consensus forecast: +80,000.