Important employment figures from the US including Non-Farm Payrolls, Canadian and Australian employment data together with rate decision in the Euro-Zone, Britain and Australia are this week’s market-movers. Here are the major events lined up for us. Last week Greek legislators voted in favor of the austerity measures posed by the international community as a provision for handing the much needed emergency loan. The Euro/dollar pair strengthened after the vote despite spreading riots in Greece. Let’s Start US ISM Non-Manufacturing PMI: Tuesday, 14:00. The ISM Non-Manufacturing index increased to 54.6 in May following 53.7 in April slightly above expectations of a 54.0 reading indicating growth in the mom-manufacturing sector. This encouraging result came after the disappointing NFP reading. A small decrease to 54.0 is predicted now. Will we have a positive surprise here, like we had with the manufacturing sector? New Zealand GDP: Wednesday 22:45. New Zealand’s gross domestic product expanded by 0.2% in the forth quarter of 2010 above the 0.1% growth expected. GDP is expected to grow further amid rapid major export markets and improvement of domestic economic conditions. A rise to 0.3% is expected. Australian employment data: Thursday, 1:30. The Australian market added 7,800 jobs in May following a contraction of 22,100 jobs in the previous month but below the 25,000 increase expected. Meantime, unemployment rate remained steady at 4.9%. An increase of 15,300 jobs is expected with the same unemployment rate of 4.9%. British rate decision: Thursday, 11:00. The Bank of England left its benchmark rate at 0.5% for the 27th consecutive month also maintained £200bn quantitative easing program unchanged. Ben Broadbent replaced Andrew Sentence a strong supporter of rate hikes. The benchmark rate is expected to remain 0.50%. Euro-Zone Rate decision, Thursday, 11:45. The European Central Bank maintained its interest rate unchanged at 1.25% on June but gave room for a possible rate hike for the coming rate decision. Meanwhile the Euro continues to drop as the tension over the Greek debt builds up. A rate hike to 1.50% is expected now. US ADP Non-Farm Employment Change: Thursday, 12:15. The US private sector added only 38,000 jobs in May well below the 177,000 job gain expected and vs. 179,000 in the previous month. However the official Non-Farm Payrolls report is better than expected, showing a nice increase of 244,000 jobs. A climb of 66,000 positions is expected. US Unemployment Claims: Thursday, 12:30. The number of Americans filing initial jobless claims declined by a mere 1,000 to 428,000. Economists expected claims to decrease to 420,000. The slowdown in growth also affects the job market and will also decrease consumer spending. A drop to 421,000 is predicted. Canadian Employment data: Friday, 11:00. Canada’s unemployment rate dropped to 7.4% in May from 7.6% after the impressive rise in the number of new jobs reaching 22,300. Both readings were above expectations indicating improvement in the Canadian job market. A smaller gain of 12,700 new jobs is forecasted with unemployment rate maintained at 7.4%. The Canadian economy has stalled. US Non-Farm Employment Change: Friday, 12:30. Nonfarm payroll employment made a soft increase of 54,000 jobs, following a revised 232,000 climb in April. There was a flat trend in the job market although wage growth improved. A positive increase of 87,000 jobs is expected. US Unemployment Rate: Friday, 12:30. US jobless rate increased to 9.1% amid lower hiring together with high energy prices and the effects of Japan’s earthquake indicating a general slowdown in the US economy. Unemployment rate is expected to remain 9.1%. *All times are GMT. That’s it for the major events this week. Stay tuned for coverage on specific currencies Further reading: For EUR/USD, check out the Euro to Dollar forecast. For the Japanese yen, read the USD/JPY forecast. For GBP/USD (cable), look into the British Pound forecast. For the Australian dollar (Aussie), check out the AUD to USD forecast. For the New Zealand dollar (kiwi), read the NZD forecast. For USD/CAD (loonie), check out the Canadian dollar For the Swiss Franc, see the USD/CHF forecast. Anat Dror Anat Dror Anat Dror Senior Writer I conceptualize, design and create multi-lingual websites. Apart from the technical work, my projects usually consist of writing content for these sites in English, French and Hebrew. In the past, I have built, managed and marketed an e-learning center for language studies, including moderating a live community of students. I've also worked as a community organizer Anat's Google Profile View All Post By Anat Dror MajorsUS Dollar Forecast share Read Next EUR/CHF Bullish Into Next Week, EUR/JPY Holds On Yohay Elam 11 years Important employment figures from the US including Non-Farm Payrolls, Canadian and Australian employment data together with rate decision in the Euro-Zone, Britain and Australia are this week's market-movers. Here are the major events lined up for us. Last week Greek legislators voted in favor of the austerity measures posed by the international community as a provision for handing the much needed emergency loan. The Euro/dollar pair strengthened after the vote despite spreading riots in Greece. Let's Start US ISM Non-Manufacturing PMI: Tuesday, 14:00. 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