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2019/07/05 / Erste Group Research

Week ahead | US labor market report surprises markets

The US labor market data for June was better than expected. Today's data confirms that the weakness in the labor market in May was due to the environment and was not an indication of the onset of a sustained downturn.

The leading indicators for June released this week show that the global manufacturing sector remains under pressure. The data shows how important the resumption of trade talks between the US and China is.

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General information

AuthorErste Group Research
Product nameWeek ahead
Topic in focusMacro/ Fixed income
Economy in focusEurozone, United States
Currency in focusEuro, US Dollar
Sector in focus-


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