Posted at 05 June 2026 / Categories Market Roundups
Market Roundup
• French Exports (Apr): 54.6B, 52.9B previous.
• French Reserve Assets Total (May): 381,300.0M, 386,898.0M previous.
• French Trade Balance (Apr): -5.6B, -6.2B forecast, -6.4B previous.
• French Current Account (Apr): -0.20B, -0.90B previous.
• French Imports (Apr): 60.2B, 59.3B previous.
• French Industrial Production (MoM) (Apr): 0.1%, -0.2% forecast, 1.4% previous.
•EU GDP (QoQ) (Q1): -0.2%, 0.1% forecast, 0.1% previous.
•EU GDP (YoY) (Q1): 0.3%, 0.8% forecast, 1.2% previous.
•EU Employment Change (YoY) (Q1): 0.5%, 0.5% forecast, 0.7% previous.
•EU Employment Overall (Q1): 176,412.0K, 172,571.6K previous.
• EU Employment Change (QoQ) (Q1): 0.1%, 0.1% forecast, 0.2% previous.
• Greek Quarterly Unemployment Rate (Q1): 10.6%, 8.3% previous.
• Greek GDP (YoY) (Q1): 2.0%, 2.3% previous.
• Greek GDP (QoQ) (Q1): 0.20%, 0.70% previous.
• US Average Hourly Earnings (MoM) (May): 0.3%, 0.3% forecast, 0.2% previous.
• US Nonfarm Payrolls (May): 172K, 85K forecast, 179K previous.
• US Unemployment Rate (May): 4.3%, 4.3% forecast, 4.3% previous.
• US Private Nonfarm Payrolls (May): 120K, 85K forecast, 177K previous.
• US Average Hourly Earnings (YoY) (May): 3.4%, 3.4% forecast, 3.6% previous.
• US Participation Rate (May): 61.8%, 61.8% previous.
• US U6 Unemployment Rate (May): 8.1%, 8.2% previous.
• US Government Payrolls (May): 52.0K, 2.0K previous.
• US Manufacturing Payrolls (May): 7K, 2K forecast, 0K previous.
• US Average Weekly Hours (May): 34.3, 34.3 forecast, 34.3 previous.
• Canada Unemployment Rate (May): 6.6%, 6.9% forecast, 6.9% previous.
• Canada Employment Change (May): 87.8K, 10.6K forecast, -17.7K previous.
• Canada Part-Time Employment Change (May): -66.2K, 29.0K previous.
• Canada Full-Time Employment Change (May): 154.0K, -46.7K previous.
• Canada Avg Hourly Wages Permanent Employees (May): 3.2%, 4.8% previous.
• Canada Participation Rate (May): 65.0%, 65.1% forecast, 65.0% previous.
• Canada Ivey PMI (May): 58.2, 54.5 forecast, 57.7 previous.
• Canada Ivey PMI n.s.a (May): 61.3, 61.5 previous.
Looking Ahead Economic Data (GMT)
• 18:00 U.S. Baker Hughes Oil Rig Count 429 previous.
18:00 U.S. Baker Hughes Total Rig Count 562 previous.
Looking Ahead Events And Other Releases (GMT)
• No Events Ahead
Currency Summaries
EUR/USD : The euro slipped lower on Friday as jobs data fuels hawkish Fed fears. Nonfarm payrolls rose by 172,000 jobs in May after increasing 115,000 in April. The numbers were also much higher than the 85,000 forecast by a Reuters survey of economists. Money markets now see a 98% chance that the U.S. Federal Reserve will hike interest rates by 25 basis points before the end of the year, up from a nearly ?60% expectation before the data. The data comes ahead of new Fed Chair Kevin Warsh's first policy meeting later this month, as ?he takes charge of an economy grappling with elevated inflation, partly exacerbated by the Middle East conflict. The euro fell after the release of U.S. jobs data, and was last down 0.29% at $1.1575. Immediate resistance can be seen at 1.1636(SMA20), an upside break can trigger rise towards 1.1699(38.2%fib).On the downside, immediate support is seen at 1.1540(38.2%fib), a break below could take the pair towards 1.1513(Lower BB).
GBP/USD: The pound slipped lower on Monday as dollar rose after strong jobs report.Data showed U.S. nonfarm payrolls increased by 172,000 jobs last month ?after rising by an upwardly revised 179,000 in April. Economists polled by ?Reuters had forecast payrolls increasing by 85,000 jobs after a previously reported 115,000 rise in April. Data showed U.S. nonfarm payrolls increased by 172,000 jobs last month ?after rising by an upwardly revised 179,000 in April. Economists polled by ?Reuters had forecast payrolls increasing by 85,000 jobs after a previously reported 115,000 rise in April.Hopes for a rate cut have diminished, with the Fed expected to remain on hold for some time after it undertakes a series of ?hikes to cool ?rising inflation and ?a resilient labor market.New Fed chair Kevin Warsh will preside at the Fed meeting later this month. Market ?participants said stubborn inflation will challenge Warsh more than ?the ?jobs environment as he encounters a potentially divided group of policymakers.Immediate resistance can be seen at 1.3385(50%fib), an upside break can trigger rise towards 1.3475(61.8%fib).On the downside, immediate support is seen at 1.3297(38.2%fib), a break below could take the pair towards1.3200(Psychological level).
AUD/USD: Australian dollar slipped lower after the U.S. economy posted another month of strong employment gains in May.Nonfarm payrolls increased by 172,000 jobs last ?month, the Labor Department's ?Bureau of Labor Statistics said in its closely watched employment report on Friday. Economists polled by ?Reuters had forecast payrolls increasing by 85,000 jobs after a previously reported 115,000 rise in April. Investors widely expect the Fed to leave rates unchanged when it meets this month, according to CME's FedWatch tool. Immediate resistance can be seen at 0.7146(38.2%fib), an upside break can trigger rise towards 0.7141(38.2%fib).On the downside, immediate support is seen at 0.7169(SMA 20), a break below could take the pair towards 0.7051(Lower BB).
USD/JPY: The dollar strengthened against yen on Friday after stronger-than- expected jobs data out of the U.S.Nonfarm payrolls increased by 172,000 jobs in May after rising by an upwardly revised ?179,000 in April, the U.S. Labor Department's Bureau of Labor Statistics said in its report. A ?Reuters poll had forecast a gain of 85,000 jobs after a previously reported rise of 115,000 in April. The Fed is expected to keep rates steady when it meets later this month - the first meeting under Fed Chair Kevin Warsh.Fed funds futures traders are now pricing in 66% odds of a hike by December, up from 46% before Friday's data.. Immediate resistance can be seen at 160.25(Daily high) an upside break can trigger rise towards 160.67(23.6%fib) .On the downside, immediate support is seen at 159.15(38.2%fib) a break below could take the pair towards 158.98(SMA 20 ).
Equities Recap
European shares were flat early on ?Friday and on track to end the week marginally lower as uncertainty prevailed over Middle East peace efforts, with technology stocks leding declines, pausing after a blistering two-month rally.
UK's benchmark FTSE 100 was last trading up at 0.14 percent, Germany's Dax was down by 0.58 percent, France’s CAC was up by 0.27percent.
Commodities Recap
Gold fell more than 2% on Friday after a stronger-than-expected U.S. jobs report reinforced expectations that the Federal Reserve will keep interest rates higher for longer amid inflation concerns fuelled by the war in the Middle East.
Spot gold was down 2.4% at $4,365.93 per ounce at 10:15 a.m. EDT (1415 GMT), having ?fallen about 3.8% this week so far. Bullion fell to its lowest level since ?March 26 earlier in the session. U.S. gold futures for August delivery fell ?2.5% to $4,390.70.
Oil prices fell on Friday after Oman said operations at its Mina al Fahal port were proceeding normally, following a Reuters report of disruption after an explosion.
Brent crude futures were down 84 ?cents, or 0.9%, at $94.19 a barrel by 1318 GMT, after settling down 2.84% ?in the previous session.
U.S. West Texas Intermediate crude was at $91.91 a barrel, down $1.13, or 1.2%, following a ?3.1% loss on Thursday.