The pencils have been sharpened for the first NFP forecasts of 2017 - What's the trade for today?

Here's a run down of the numbers;

• NFP expected in at 178k Reuters, 175k BBG
• BBG hi est 221k
• BBG Lo 125k
• Nov 178k
• Average hourly earnings 0.3% exp vs -0.1% prior m/m
• 2.8% exp vs 2.5% prior y/y (that's a pretty high expectation)

The top 5 NFP callers are thus;

1. Jim O'Sullivan - High Frequency Econ -  155k
2. Ryan Sweet - Moody's - 180k
3. P de Bruin/M Cabezas ABN Amro - 185k
4. Stephan Buu CTI Capital - 162k
5. Robert Dyer - Comerica - 163k