Highlights
In Europe, French industrial production is seen up 0.3 percent on the month after a 1.1 percent drop in March.
The focus in on the US jobs data as the labor market remains relatively tight. A 180,000 rise is the call for nonfarm payroll growth in May, down from 253,000 in April.
Average hourly earnings in May are expected to rise 0.3 percent on the month for a year-over-year rate of 4.4 percent; these would compare with 0.5 and 4.4 percent in April, which were higher than expected.
May's unemployment rate is expected to edge higher to 3.5 percent versus April's 3.4 percent, which was 2 tenths lower than expected.
At 15.3 million, unit vehicle sales in May are expected to fall from April's much stronger-than-expected jump to a 15.9 million annualized rate.
The focus in on the US jobs data as the labor market remains relatively tight. A 180,000 rise is the call for nonfarm payroll growth in May, down from 253,000 in April.
Average hourly earnings in May are expected to rise 0.3 percent on the month for a year-over-year rate of 4.4 percent; these would compare with 0.5 and 4.4 percent in April, which were higher than expected.
May's unemployment rate is expected to edge higher to 3.5 percent versus April's 3.4 percent, which was 2 tenths lower than expected.
At 15.3 million, unit vehicle sales in May are expected to fall from April's much stronger-than-expected jump to a 15.9 million annualized rate.
Definition
Market Focus details key factors in the coming day that will impact the economic outlook and the financial markets. These include central bank events, economic indicators, policymaker speeches as well as expected political and corporate developments.
Description
Keeping up-to-date with event schedules and the economic calendar is key to understanding the global financial system. Econoday's Market Focus allows investors and policymakers to carefully track what will be making news and moving the financial markets in the coming day.
