Friday Sneak Peek: U.S. Non-Farm Payrolls in the Spotlight
On Friday, financial markets will focus directly on the U.S. non-farm payroll report for May.
Investors are eager to see if US companies are still struggling to fill vacancies.
Some economists believe that the recent decision by 25 US states to withdraw from Washington’s $ 300 increase in weekly unemployment benefits could see more Americans joining the workforce in the coming weeks – but that remained to be seen. .
The consensus was that the non-farm payroll would rebound from April’s meager gain of 266,000 to 663,000.
On the banks of the house, IHS MarkitThe Construction Purchasing Managers Index for May is due at 9:30 a.m. BST, and new car registration numbers for that month at 0900 BST.
Across the Channel, at 1000 BST, Eurostat is expected to release euro area retail sales figures for April.
Figures on first quarter gross domestic product growth in Greece, Ireland and Slovakia are also expected.
In Asia, data on real Japanese household spending for April will be released overnight, while in India, rate setters are due to meet.
The consensus expects the Reserve Bank of India to keep its benchmark interest rate at 8.2%.
Friday 04 June
DATE OF INTERIM PAYMENT OF THE DIVIDEND
BlackRock Greater Europe Inv Trust, James Halstead
QUARTERLY PAYMENT DATE
Honeywell International Inc., JPMorgan Claverhouse Inv Trust, TwentyFour Select Monthly Income Fund Limited
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Factory Orders (US) (2:00 p.m.)
ISM Services (United States) (3:00 p.m.)
Non-Farm Payroll (US) (13:30)
Retail Sales (EU) (10:00)
Unemployment rate (United States) (13:30)
B90 Holdings NPV, Schroder UK Public Private Trust
UK ECONOMIC ADVERTISEMENTS
PMI Construction (09:30)
FINAL DATE OF DIVIDEND PAYMENT
Admiral Group, Bodycote, Croda International, Curtis Banks Group, Derwent London, Empresaria Group, FDM Group (Holdings), Lancashire Holdings Limited, North American Income Trust (The), Ocean Wilsons Holdings Ltd., Porvair, Reach, Robert Walters, Serco Group, SThree, Weiss Korea Opportunity Fund Ltd