U.S. Economy Adds 390,000 Jobs in May, Unemployment Rate Holds at 3.6%

US employers added 390,000 payrolls in May, versus expectations for a gain of 325,000 jobs, signaling that the labor market continues to tighten despite the Fed’s efforts to cool the economy.

from DailyFX – Market News https://bit.ly/3MtMbW1
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EUR/USD Outlook: Record CPI, Declining German PMI Ahead of ECB Meeting

The ECB’s governing council is due to meet next week as inflation reached a 40-year high and German PMI data continues to trend lower. EUR/USD key levels assessed

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Gold Price Forecast: XAU/USD Shadows Rise in Real Yields Ahead of NFP

Spot gold opened lower this morning as markets anticipate the upcoming NFP release. XAU/USD trades above $1850 for now but could flip dependent on U.S. data later today.

from DailyFX – Market News https://bit.ly/3amqYQ8
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Crude Oil Prices May Rise on NFPs after OPEC+ Meeting Boosted WTI to Resistance

Crude oil prices may extend gains from the OPEC+ meeting and EIA inventory data if US non-farm payrolls data disappoints and boosts the S&P 500. Will WTI breach key resistance?

from DailyFX – Market News https://bit.ly/3MfD0Ig
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