According to Danske Bank analysts, today’s release of US labour market data for July will be the icing on the cake of this data-intensive week. Key Quotes “As markets were left perplexed by the Fed’s hawkish stance earlier this week, focus will now be on macro data from the US in order to assess the Fed’s future actions. Thus, today’s data on change in non-farm payrolls and average hourly earnings could cause another notable move in the markets. We are likely to see a smaller amount of jobs added in July, even lower than the one-year average of 193,000 versus the June figure of 224,000.” “University of Michigan consumer sentiment index for July will be out late afternoon, possibly confirming that consumer attitudes and expectations are still holding up well on brisk economic growth in the US.” “June retail sales data from the Eurozone and Italy are due out today. Despite the economic slowdown across Europe, retail growth has been steady and positive, albeit not inspiring enough to boost economic expansion.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD looks weak after Trump’s tariffs Yohay Elam 4 years According to Danske Bank analysts, today's release of US labour market data for July will be the icing on the cake of this data-intensive week. Key Quotes "As markets were left perplexed by the Fed's hawkish stance earlier this week, focus will now be on macro data from the US in order to assess the Fed's future actions. Thus, today's data on change in non-farm payrolls and average hourly earnings could cause another notable move in the markets. We are likely to see a smaller amount of jobs added in July, even lower than the one-year average of 193,000 versus… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
