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Today sees the release of the US Non-Farm Payroll (NFP) report for the month of May. As all traders are aware, the NFP data is the most important economic release of the month ...Read More

Today the calendar is focussing on US Non-Farm Employment Change data which is expected to show a loss of -7.75M jobs from a loss of -20.537M last month. The US unemployment Rate is expected to rise to 19.4% from 14.7%. US Average Hourly Earnings are expected to fall to 1.0% from 4.7%. Canadian Employment Change is expected to show a loss of -0.5M jobs from 1.993M last month. The Canadian Unemployment Rate is expected to rise to 15.0% from 13.0%. ...Read More

UK Construction PMI is forecast to rise to 29.5 this morning from 8.2 previously. The high light of the calendar today is the ECB Monetary Policy Statement and Press Conference in the early afternoon. The ECB is expected to keep rates on hold at 0.00%. US Unemployment Claims are forecast to rise by 1.82M from 2.12M previously. ...Read More