Week ahead: Jobs; European Central Bank; Bank of Canada; Dollar Tree
Brace for FX and stock volatility in a week punctuated by the latest US jobs report, after inflation data showed no worrying signs of fresh upward momentum in consumer prices.
The European Central Bank and the Bank of Canada are widely expected to cut rates, the question is what happens in July. Plus, Dollar Tree is expected to show a rise in quarterly revenue.
(AI Video Summary)
Non-farm payrolls and central bank decisions
The coming week in financial markets starting 3 June is centered on significant economic indicators and central bank decisions, particularly focusing on employment data. Key highlights include US non-farm payrolls, ECB and Bank of Canada rate decisions, and manufacturing PMIs from the US and China.
Corporate earnings
Additionally, corporate earnings reports are anticipated, with major companies like Hewlett Packard Enterprise and Dollar Tree releasing their quarterly results.
US jobs report
The discussion indicates that a strong US jobs report could influence the Federal Reserve's rate decisions, potentially strengthening the US dollar. The week also has implications for global oil output and GDP data from Australia.
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