The Week Ahead – US Jobs, RBA, BNM meetings, inflation in SZ, KR, PH, TH, ID and Scandi PMIs
Nomura – The Week Ahead
The US Labor Data Shows Mixed Signals
Next week is a holiday shortened week in the US with markets closed for Independence Day next Tuesday. There's a heavy calendar of data as we kick off the month and it's going to have a heavy focus on the labor market. So what is the most market moving, of course, will be NFP. But when it comes to NFP, what do you guys expect? We're not sure that you're actually seeing an imminent downturn.
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