Morning Juice – US Session Prep (5th June)

Sentiment
The dollar fell against all Group-of-10 peers while Treasury yields dipped ahead of a key US jobs report, with traders maintaining bets on a Fed rate hike this year and pricing about a 70% chance of a quarter-point move.

Docket
08:30 ET
US Employment Situation for May
Nonfarm Payrolls – Forecast: 88k | Prior: 115k | Range: 125k / 45k
Unemployment Rate – Forecast: 4.3% | Prior: 4.3% | Range: 4.5% / 4.2%
Average Earnings YoY – Forecast: 3.4% | Prior: 3.6% | Range: 3.6% / 3.3%
US Private Payrolls – Forecast 89k | Prior 123k | Range 135k / 40k

Canadian Employment Report for May
Canadian Employment Change – Forecast: 10k | Prior -17.7k | Range 30k / -13k
Canadian Unemployment Rate – Forecast: 6.9% | Prior 6.9% | Range 7% / 6.8%

Speakers
09:40 ET
BoE’s Dhingra delivers a speech at University College London.

14:00 ET
BoE’S Governor Bailey speaks in a conversation with Ed Balls and Stephanie Flanders at the 250th Anniversary of the Wealth of Nations in Kirkcaldy, Scotland.

Good luck, and have a good weekend!