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Preview: Market Focuses on Tonight's Unemployment Rate and Non-Farm Data, with Forecasts from 32 Institutions as Follows

2026.02.11 16:22:48

**U.S. January Unemployment Rate & NFP Forecasts From 32 Institutions Ahead of Tonight’s Release** On February 11, the U.S. January unemployment rate and non-farm payrolls (NFP) data are scheduled for release at 21:30 UTC+8 tonight. Below are forecasts from 32 institutions: ### **Unemployment Rate Forecasts** Nomura Securities: 4.3% Bank of Canada: 4.3% EFG Bank: 4.3% Barclays Bank: 4.3% UBS Group: 4.3% ING Bank: 4.4% ANZ Bank: 4.4% Danske Bank: 4.4% BNP Paribas: 4.4% Bank of America: 4.4% Capital Economics: 4.4% Deutsche Bank: 4.4% Citigroup: 4.4% Commerzbank: 4.4% Crédit Agricole: 4.4% Credit Suisse Group: 4.4% Goldman Sachs Group: 4.4% ING International: 4.4% JPMorgan Chase: 4.4% Lloyds Bank: 4.4% SMBC Nikko Securities: 4.4% Moody’s Analytics: 4.4% Oxford Economics: 4.4% Morgan Stanley: 4.4% Natixis: 4.4% Standard Chartered Bank: 4.4% TD Securities: 4.4% UBS: 4.4% Wells Fargo: 4.4% MUFG Bank: 4.5% Nomura Securities: 4.5% HSBC Holdings: 4.5% ### **Non-Farm Payrolls (NFP) Forecasts** Standard Chartered Bank: -10K EFG Bank: 0K Capital Economics: +30K Oxford Economics: +30K Bank of America: +40K Moody’s Analytics: +40K Goldman Sachs Group: +45K TD Securities: +45K ING Bank: +50K Barclays: +50K Morgan Stanley: +55K Danske Bank: +60K Credit Suisse Group: +60K Bank of Canada: +63K HSBC Holdings: +65K ANZ Bank: +70K Standard Bank: +70K JPMorgan Chase: +75K Deutsche Bank: +75K Commerzbank: +80K ING International: +80K BNP Paribas: +80K Crédit Agricole: +80K Wells Fargo: +80K Nomura Securities: +85K Lloyds Bank: +85K SMBC Nikko Securities: +90K UBS Group: +90K Pantheon Macroeconomics: +100K BNP Paribas: +105K Credit Suisse Group: +110K Citigroup: +135K (Source: Jin10)
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