Financial markets on hold ahead of the U.S. labor market report
Financial markets are eagerly awaiting the U.S. labor market data for June and updates on the tariff front. A drop in employment and the conclusion of trade agreements by the July 9th deadline could pave the way for a FED rate cut.
Our intermarket dashboards still show a clear risk-on environment, though with signs of caution.
And all eyes are on the labor market figures and potential announcements on tariffs — these appear to be the most interesting market movers.
The macroeconomic day is dominated by the official U.S. labor market report — an event made even more significant following the ADP report figures.
Other notable data include the ISM services index, jobless claims, the U.S. and Australian trade balances, and China’s PMI.
Our forecast analysis suggests a positive day for equities, with strong signals also coming from Europe.
The dollar remains weak, while corporate bonds continue their positive trend.
Volatility is expected to remain stable or slightly higher, particularly in the bond market.
Already a subscriber? Login here
NOTES AND WARNINGS
Data compiled by kbmeter.com. Analysis date: 3 July 2025 - 7:29 AM GMT+1
This content is provided for informational purposes only and should not be considered financial advice. All scores and assessments are based on the previous trading day’s closing prices. Futures indications refer to the date and time of the analysis.
