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ADP nonfarm payrolls. USA, 14:15 (GMT+2) 03 Jul

03Jul.202413:15

ADP nonfarm payrolls. USA, 14:15 (GMT+2)

At 14:15 (GMT+2), in the USA, the June nonfarm payrolls data from Automatic Data Processing (ADP) is due. They reflect changes in the number of jobs in the nonfarm sector and are based on a survey of about 400.0K business sources. It is a leading indicator for federal employment data. The value may change from 152.0K to 156.0K.

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Trade balance. Canada, 14:30 (GMT+2)
03 Jul. 2024 13:30
Trade balance. Canada, 14:30 (GMT+2)

At 14:30 (GMT+2), Canada will publish data on the trade balance for May. This indicator records the difference between the amount of payments for exported and imported goods, its increase is a positive factor for the national currency. It may change from –1.05B Canadian dollars to –1.20B Canadian dollars, putting pressure on the national currency.

ISM non-manufacturing PMI. US, 16:00 (GMT+2)
03 Jul. 2024 15:00
ISM non-manufacturing PMI. US, 16:00 (GMT+2)

At 16:00 (GMT+2), the June ISM Services PMI is due in the US, based on the results of a survey of representatives of 375 companies from 17 non-manufacturing sectors, and reflects business conditions in the country. It may change from 53.8 points to 52.5 points, putting pressure on the dollar.

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