Important Data Preview for Next Week: Beware of the “Data Tsunami Week”; the Nonfarm Payrolls Data Will Be Released Early on July 2

Important Data Preview for Next Week: Beware of the “Data Tsunami Week”; the Nonfarm Payrolls Data Will Be Released Early on July 2“`htmlJinse Finance reported on June 28 that the following important data releases are scheduled for next week: Monday 17:00: Eurozone June Industrial/Economic Sentiment Index Monday 22:30: US June Dallas Fed Business Activity Index Tuesday 22:00: US May JOLTs Job Openings; US June Conference Board Consumer Confidence Index Wednesday 15:50-16:30: France, Germany, Eurozone, UK June Manufacturing PMI Final Wednesday 17:00: Eurozone June CPI Year-on-Year/Month-on-Month Preliminary Wednesday 20:15-22:00: US June ADP Employment Change, US June S&P Global Manufacturing PMI Final, US June ISM Manufacturing PMI, US May Construction Spending Month-on-Month Thursday 17:00: Eurozone May Unemployment Rate Thursday 20:30: US June Unemployment Rate, US June Nonfarm Payrolls Seasonally Adjusted, US Initial Jobless Claims for the week ending June 27, US June Average Hourly Earnings Year-on-Year/Month-on-Month Friday 15:50-16:30: France, Germany, Eurozone, UK June Services PMI FinalGlobal financial markets will once again face a core data storm from the US labor market, including the JOLTs Job Openings report and, most crucially, the Nonfarm Payrolls report. Notably, due to the US Independence Day holiday on July 4, this month’s Nonfarm Payrolls data will be released early on July 2 (Thursday). Before that, the Eurozone’s preliminary June CPI inflation data will also be released on Wednesday.After a series of strong employment data (the current three-month moving average of Nonfarm Payrolls has risen to 188,000, hitting a high not seen since Q1 2024), most members of the Federal Reserve’s decision-making body still believe the current labor market is healthy and does not significantly drive inflation. Unless the upcoming employment data collectively show a sharp, significant downward revision, it is unlikely to shake their hawkish stance, making it difficult for the market to reverse rate hike expectations.“`Disclaimer: The content of this article solely reflects the author’s opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.Understand the market, then trade.Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.Trade now！



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