Futures Mixed Ahead of Payroll Data
NewsWare‘s Trade Talk

Futures Mixed Ahead of Payroll Data

2021-06-04
Markets are fluctuating ahead of key jobs data, with traders awaiting clues from the report on how much longer officials will keep stimulus in place to support the American economic recovery. The dollar has strengthened and treasuries remain steady ahead of today’s monthly US payrolls data. Consensus estimates are pointing to a gain of 674,000 after April’s disappointing number, with the release likely to spur volatility as traders scramble to reassess the case for ongoing policy accommodation.
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