The Us Bureau of Labor Statistics will release monthly average hourly earnings, non-farm employment change (NFP), and unemployment rate on June 3, 15:30 MT time (GMT+3).
Gold breaks $1,800!
Information is not investment advice
The US jobless claims are less than expected, and the labor market appears to be on a steady recovery path. In the meantime, the global virus update doesn't leave much room for optimism - developing nations are struggling to provide enough beds to infected people. Moreover, the relations between the West and China are becoming tenser - as a result, gold is breaking $1,800! What to do now? Don't catch the flying knife: wait for a correction!
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The Organization of Petroleum Exporting Countries will hold a meeting on June 2.
Organization of the Petroleum Exporting Countries (OPEC) is scheduled to meet on January 4.
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The most impactful releases of this week will fill the market with volatility and sharp movements.
Happy Tuesday, dear traders! Here’s what we follow:
Labor Market and Real Estate Market data was published yesterday. Markets are slowing down, so the economy is in recession. Today the traders should pay attention to the Retail sales in Canada.