US 0830 ET Jun non-farm payrolls expected +3.048 million, May +2.509 million. Jun private payrolls expected +3.000 million, May +3.094 million. Jun manufacturing payrolls expected +438,000, May +225,000. Jun unemployment rate expected -0.8 to 12.5%, May -1.4 to 13.3%.
0830 ET Jun avg hourly earnings expected -0.8% m/m and +5.3% y/y, May -1.0% m/m and +6.7% y/y. Jun avg weekly hours all-employees expected -0.2 to 34.5 hours, May +0.5 to 34.7 hours.
0830 ET Weekly initial unemployment claims expected -130,000 to 1.350 million, previous -60,000 to 1.480 million. Weekly continuing claims expected -522,000 to 19.000 million, previous -767,000 to 19.522 million.
0830 ET May trade deficit expected -$53.1 billion, Apr -$49.4 billion.
1000 ET May factory orders expected +8.6%, Apr -13.0% and -8.5% ex transportation.
1100 ET Treasury announces amount of 3-year T-notes (previous $44 billion), 10-year T-notes (previous $29 billion), and 30-year T-bonds (previous $22 billion) to be auctioned Jul 7-9.
ITALY 0400 ET Italy May unemployment rate expected +1.6 to 7.9%, Apr -1.8 to 6.3%.
EUR 0500 ET Eurozone May PPI expected -0.4% m/m and -4.5% y/y, Apr -2.0% m/m and -4.5% y/y.
0500 ET Eurozone May unemployment rate expected +0.4 to 7.7%, Apr +0.2 to 7.3%.
CANADA 0830 ET Canada May MLI leading indicator, Apr -2.8% m/m.
0930 ET Canada Jun Markit manufacturing PMI, May +7.6 to 40.6.
CHINA 2145 ET China Jun Caixin services PMI expected -1.8 to 53.2, May +10.6 to 55.0.
