The Day Ahead - US June employment report

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The Day Ahead - US June employment reportBRITISH POUND VS US DOLLARTRADENATION:GBPUSDTradeNationMarkets will be primarily focused on the US June employment report, the week's most important release, which will provide fresh insight into the strength of the labour market and could significantly influence expectations for Federal Reserve policy. Investors will also monitor initial jobless claims and May factory orders for additional signals on economic momentum. In Europe, attention turns to Eurozone and Italian unemployment figures, alongside France's May budget balance, while Switzerland's June CPI will be closely watched for inflation trends and any implications for the Swiss National Bank. In Asia, Japan's June monetary base will offer another gauge of the Bank of Japan's liquidity conditions following its gradual policy normalization. Elsewhere, Canada's June Manufacturing PMI will provide an update on business activity in the country's industrial sector. On the central bank front, remarks from ECB Executive Board member Piero Cipollone and Bank of England MPC member Catherine Mann may provide further guidance on the outlook for European monetary policy. The Bank of England's Q2 Bank Liabilities Survey and Credit Conditions Survey will also offer valuable insight into lending standards and credit demand. Finally, US bond markets will close early ahead of the Independence Day holiday, which could result in lighter trading volumes and increased market volatility during the afternoon session. The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance. To the extent permitted by law, in no event shall Trade Nation (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk. Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Financial Spread Bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.7% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.