We end this week with Unemployment Rate both in the US and UK as the major events of the day. Here is an outlook on the market-movers awaiting us.
In the US, Unemployment Rate, value by percentage all the unemployed and actively looking for employment, 7.5% is likely to remain similar to the previous month.
Later in the US, Non-Farm Employment Change, rise of 0.2% is likely from the last month up to 167K on the employed people (without the farming industry).
More in the US, Average Hourly Earnings, consumer inflation indicator to value the price change of businesses payment for labor (not including the farming industry).
Finally in the US, Consumer Credit, value all outstanding consumer installment payments by credit; rise up to 13.4B from 8.0B on May is due.
In Canada, Unemployment Rate, measures by percentage the total unemployed that are actively seeking employment, 0.3% is due now from 0.1% on May.
Later in Canada, Employment Change shows the employed people on the last month, rise up to 16.1K is likely from 12.5K on the previous time.
Finally in Canada, Labor Productivity calculates the labor efficiency on goods and services production, 0.3% is likely from 0.1% on the last report.
For more on USD/CAD, read the Canadian dollar forecast.
In Europe, German Industrial Production the total value of output produced by manufacturers, mines, and utilities, reduce of 1.2% is forecasted now.
For more on the Euro, read the Euro to dollar forecast.
In Great Britain, Trade Balance, the difference between imported and exported goods; -8.8B is due now from -9.1B now on the last time.
Later in Great Britain, Consumer Inflation Expectations, calculated by percentage the consumers’ expected price change of goods and services for the next 12 months, 3.6% is likely to remain with no change from the last quarter.
Read more about the Pound in the GBP/USD forecast.
In Switzerland, Foreign Currency Reserves, value all the foreign currency reserves that is held by the Swiss National Bank (SNB), 433.6B is likely similar to May.
Read more about the Swiss franc in the USD/CHF forecast.