The market expects the unemployment rate to be to 5.6% in November, the same as a month ago. A lower than expected reading should be taken as negative for the Euro.
The ECB is said to see June as a live meeting to debate QE exit
Actual: 6.698M Forecast: 6.490M Previous: 6.633M
Actual: 58.6 Forecast: 57.9 Previous: 56.8
Actual: 56.8 Forecast: 55.7 Previous: 55.7
UK May services PMI 54.0 vs 53.0 expected Markit noted that the PMI survey signals GDP growth of 0.4-0.5% for Q2, but there is uncertainty as to whether the pace will continue to weaken in the coming months
Actual: 54.0 Forecast: 52.9 Previous: 52.8
We will focus on the report on activity in the Service sector from the Eurozone and US today. German Service PMI is expected to remain flat at 52.1 in May compared to a month. While Eurozone Service PMI is also expected to remain at 53.9. Another Important data that will prov...
Actual: 52.5 Forecast: 52.0 Previous: 52.5
Actual: 9.3 Forecast: 18.4 Previous: 19.2
US Nonfarm Payrolls rose by 223K in May. The data was higher than the consensus estimate for the creation of 189K jobs. The unemployment rate surprised us and it fell from 3.9% to 3.8%. Also, Average hourly earnings advanced 0.3% month-on-month in May, above expectations for a 0.2% gain.
Actual: 58.7 Forecast: 58.2 Previous: 57.2
Actual: 56.4 Forecast: 56.6 Previous: 56.6
Nonfarm payrolls (NFP) rose by 223K in May. The data was higher than the consensus estimate for the creation of 189K jobs. The jobless rate unexpectedly fell from 3.9% to 3.8%, compared to the consensus forecast for it to hold steady. Average hourly earnings advanced 0.3% mont...
Actual: 5.6% Forecast: 5.6% Previous: 5.6%
Important : One Billion Signals will not be liable for any losses sustained while using the services provided on the One Billion Signals application. This application is not a solicitation to trade forex signals, nor is the representation is being made that any account will, or is likely to, achieve profits or losses similar to those discussed on the application. The past performance of any trading system or methodology is not necessarily indicative of future results.
© 2020 One Billion Signals All Rights Reserved