{"id":10995,"date":"2025-06-02T06:27:38","date_gmt":"2025-06-02T06:27:38","guid":{"rendered":"https:\/\/justmarkets.eu\/?p=10995"},"modified":"2025-06-02T06:27:39","modified_gmt":"2025-06-02T06:27:39","slug":"weekly-overview-2025-06-02","status":"publish","type":"post","link":"https:\/\/justmarkets.eu\/pl\/analytics\/weekly-overview-2025-06-02\/","title":{"rendered":"Week&#8217;s main events (June 02 \u2013 May 06)"},"content":{"rendered":"<div class=\"ag-base_page ag-m-format-container\">\n<h1 class=\"ag-base_title-page\">Week&#8217;s main events (June 02 \u2013 June 06)<\/h1>\n<div class=\"ag-analytics-page ag-market-overview-page\">\n<p class=\"ag-analytics_text\">This week is expected to be marked by heightened volatility due to several key economic events. The primary focus will be on the US Nonfarm Payrolls report, a critical indicator for the Federal Reserve\u2019s monetary policy decisions. Economists anticipate signs of a cooling labor market, which could increase the likelihood of a rate cut by the Fed later this summer. In Europe, the European Central Bank (ECB) is widely expected to continue a rate reduction \u2014 a move that appears to be largely priced in by the markets. Meanwhile, the Bank of Canada (BoC) will announce its rate decision on Wednesday. Following recent data showing slower-than-expected economic growth in the first quarter, there is growing speculation that the Bank of Canada (BoC) may also opt for a rate cut. In addition to these key events, investors should monitor Swiss inflation figures and Purchasing Managers\u2019 Index (PMI) data from major economies, which may provide further insights into global economic trends.<\/p>\n<div class=\"ag-analytics_title\">Monday, June 02<\/div>\n<div class=\"ag-analytics_title-list\">On Monday, investor attention will center on the release of manufacturing sector Purchasing Managers\u2019 Index (PMI) data from major economies. Typically, an increase in the PMI is associated with economic expansion and tends to support the strength of the national currency. At the same time, a decline may signal contraction and weigh on the currency\u2019s value.<\/div>\n<div class=\"ag-analytics_title-list__strong\">Main events of the day:<\/div>\n<ul class=\"ag-analytics_list\">\n<li>\u2013 Australia Manufacturing PMI (m\/m) at 02:00 (GMT+3);<\/li>\n<li>\u2013 Japan Manufacturing PMI (m\/m) at 03:30 (GMT+3);<\/li>\n<li>\u2013 Switzerland Retail Sales (m\/m) at 09:30 (GMT+3);<\/li>\n<li>\u2013 Switzerland GDP (q\/q) at 10:00 (GMT+3);<\/li>\n<li>\u2013 Switzerland Manufacturing PMI (m\/m) at 10:30 (GMT+3);<\/li>\n<li>\u2013 German Manufacturing PMI (m\/m) at 10:55 (GMT+3);<\/li>\n<li>\u2013 Eurozone Manufacturing PMI (m\/m) at 11:00 (GMT+3);<\/li>\n<li>\u2013 UK Manufacturing PMI (m\/m) at 11:30 (GMT+3);<\/li>\n<li>\u2013 US ISM Manufacturing PMI (m\/m) at 17:00 (GMT+3);<\/li>\n<li>\u2013 Eurozone ECB President Lagarde Speaks at 19:30 (GMT+3);<\/li>\n<li>\u2013 US Fed Chair Powell Speaks at 20:00 (GMT+3).<\/li>\n<\/ul>\n<div class=\"ag-analytics_title\">Tuesday, June 03<\/div>\n<div class=\"ag-analytics_title-list\">On Tuesday, market attention will be primarily directed toward Switzerland, where inflation is expected to decline from 0.0% to 0.2% year-over-year, potentially signaling a shift into deflationary territory. This development could influence expectations for future monetary policy by the Swiss National Bank (SNB). Additionally, traders should closely monitor the US Job Openings and Labor Turnover Survey (JOLTS). In recent months, this report has triggered notable market volatility, underscoring its growing significance in shaping investor sentiment and influencing expectations for Federal Reserve policy.<\/div>\n<div class=\"ag-analytics_title-list__strong\">Main events of the day:<\/div>\n<ul class=\"ag-analytics_list\">\n<li>\u2013 Australia Monetary Policy Meeting Minutes at 04:30 (GMT+3);<\/li>\n<li>\u2013 Caixin China Manufacturing PMI (m\/m) at 04:45 (GMT+3);<\/li>\n<li>\u2013 Switzerland Consumer Price Index (m\/m) at 09:30 (GMT+3);<\/li>\n<li>\u2013 Eurozone Consumer Price Index (m\/m) at 12:00 (GMT+3);<\/li>\n<li>\u2013 Eurozone Unemployment Rate (m\/m) at 12:00 (GMT+3);<\/li>\n<li>\u2013 US JOLTs Job Openings (m\/m) at 17:00 (GMT+3).<\/li>\n<\/ul>\n<div class=\"ag-analytics_title\">Wednesday, June 04<\/div>\n<div class=\"ag-analytics_title-list\">Wednesday is expected to be an eventful day, with several key economic releases scheduled on the calendar. The Bank of Canada (BoC) will hold its monetary policy meeting, and in light of recent softer economic data, markets widely anticipate a 25-basis-point rate cut to 2.50%. However, any indication from policymakers of a potential pause in further easing could lend support to the Canadian dollar. Attention will also turn to Australia\u2019s quarterly GDP report. The economy is expected to show year-over-year growth of 1.7%, an improvement from the previous reading of 1.3%. A stronger-than-expected result could provide a boost to the Australian dollar (AUD).<\/div>\n<div class=\"ag-analytics_title-list__strong\">Main events of the day:<\/div>\n<ul class=\"ag-analytics_list\">\n<li>\u2013 Australia Services PMI (m\/m) at 02:00 (GMT+3);<\/li>\n<li>\u2013 Japan Services PMI (m\/m) at 03:30 (GMT+3);<\/li>\n<li>\u2013 Australia GDP (q\/q) at 04:30 (GMT+3);<\/li>\n<li>\u2013 German Services PMI (m\/m) at 10:55 (GMT+3);<\/li>\n<li>\u2013 Eurozone Services PMI (m\/m) at 11:00 (GMT+3);<\/li>\n<li>\u2013 UK Services PMI (m\/m) at 11:30 (GMT+3);<\/li>\n<li>\u2013 US ADP Nonfarm Employment Change (m\/m) at 15:15 (GMT+3);<\/li>\n<li>\u2013 Canada BoC Interest Rate Decision at 16:45 (GMT+3);<\/li>\n<li>\u2013 Canada BoC Rate Statement at 16:45 (GMT+3);<\/li>\n<li>\u2013 US ISM Services PMI (m\/m) at 17:00 (GMT+3);<\/li>\n<li>\u2013 Canada Press Conference at 17:30 (GMT+3);<\/li>\n<li>\u2013 US Crude Oil Reserves (w\/w) at 17:30 (GMT+3).<\/li>\n<\/ul>\n<div class=\"ag-analytics_title\">Thursday, June 05<\/div>\n<div class=\"ag-analytics_title-list\">On Thursday, market attention will turn to the European Central Bank (ECB) meeting. A 25-basis-point rate cut is widely expected and already factored into the market&#8217;s pricing. As a result, the primary focus will be on President Christine Lagarde\u2019s remarks regarding the ECB\u2019s forward guidance. Recent economic indicators suggest that the Eurozone economy remains stable, while robust wage growth \u2014 an inflationary factor \u2014 casts uncertainty over the likelihood of additional rate cuts beyond June. Additionally, traders will monitor trade balance figures from major economies, which could provide further insight into global demand trends and currency dynamics.<\/div>\n<div class=\"ag-analytics_title-list__strong\">Main events of the day:<\/div>\n<ul class=\"ag-analytics_list\">\n<li>\u2013 Australia Trade Balance (m\/m) at 04:30 (GMT+3);<\/li>\n<li>\u2013 Caixin China Services PMI (m\/m) at 04:45 (GMT+3);<\/li>\n<li>\u2013 Switzerland Unemployment Rate (m\/m) at 08:45 (GMT+3);<\/li>\n<li>\u2013 Eurozone ECB Interest Rate Decision at 15:15 (GMT+3);<\/li>\n<li>\u2013 Eurozone ECB Rate Statement at 15:15 (GMT+3);<\/li>\n<li>\u2013 US Trade Balance (m\/m) at 15:30 (GMT+3);<\/li>\n<li>\u2013 Canada Trade Balance (m\/m) at 15:30 (GMT+3);<\/li>\n<li>\u2013 US Initial Jobless Claims (w\/w) at 15:30 (GMT+3);<\/li>\n<li>\u2013 Eurozone ECB Press Conference at 15:45 (GMT+3);<\/li>\n<li>\u2013 Canada Ivey PMI (m\/m) at 17:00 (GMT+3);<\/li>\n<li>\u2013 US Natural Gas Storage (w\/w) at 17:30 (GMT+3).<\/li>\n<\/ul>\n<div class=\"ag-analytics_title\">Friday, June 06<\/div>\n<div class=\"ag-analytics_title-list\">Friday\u2019s primary focus will be the US Nonfarm Payrolls report, a key indicator closely watched by the Federal Reserve in setting monetary policy. Markets expect an increase of 177,000 jobs, marking a notable slowdown from the previous month and signaling further signs of a cooling labor market. Coupled with recently weak GDP figures, such data would likely reinforce expectations for a Fed rate cut this summer, potentially weighing on the US dollar while supporting risk assets. Traders should also monitor Canada\u2019s employment report. Expectations point to a weaker labor market reading, which could place additional pressure on the Canadian dollar.<\/div>\n<div class=\"ag-analytics_title-list__strong\">Main events of the day:<\/div>\n<ul class=\"ag-analytics_list\">\n<li>\u2013 German Industrial Production (m\/m) at 09:00 (GMT+3);<\/li>\n<li>\u2013 German Trade Balance (m\/m) at 09:00 (GMT+3);<\/li>\n<li>\u2013 Eurozone GDP (q\/q) at 12:00 (GMT+3);<\/li>\n<li>\u2013 US Nonfarm Payrolls (m\/m) at 15:30 (GMT+3);<\/li>\n<li>\u2013 US Unemployment Rate (m\/m) at 15:30 (GMT+3);<\/li>\n<li>\u2013 Canada Unemployment Rate (m\/m) at 15:30 (GMT+3).<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">by <span class=\"author vcard\"><span class=\"fn\">JustMarkets<\/span><\/span>, 2025.06.02<\/p>\n<p><a class=\"ag-base-btn\" href=\"https:\/\/secure.justmarkets.eu\/pl\/register\/?sl=1\">Open Account<\/a><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Week&#8217;s main events (June 02 \u2013 June 06) This week is expected to be marked by heightened volatility due to several key economic events. The primary focus will be on the US Nonfarm Payrolls report, a critical indicator for the Federal Reserve\u2019s monetary policy decisions. Economists anticipate signs of a &#8230;<\/p>\n","protected":false},"author":21,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[193,330,338],"tags":[],"class_list":["post-10995","post","type-post","status-publish","format-standard","hentry","category-analytics","category-market-overview","category-weekly-overview"],"featured_image_src":"","blog_images":{"medium":"","large":""},"acf":[],"aioseo_notices":[],"ams_acf":[{"key":"icon","label":"Icon","value":false}],"_links":{"self":[{"href":"https:\/\/justmarkets.eu\/pl\/wp-json\/wp\/v2\/posts\/10995","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/justmarkets.eu\/pl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/justmarkets.eu\/pl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/justmarkets.eu\/pl\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/justmarkets.eu\/pl\/wp-json\/wp\/v2\/comments?post=10995"}],"version-history":[{"count":1,"href":"https:\/\/justmarkets.eu\/pl\/wp-json\/wp\/v2\/posts\/10995\/revisions"}],"predecessor-version":[{"id":11002,"href":"https:\/\/justmarkets.eu\/pl\/wp-json\/wp\/v2\/posts\/10995\/revisions\/11002"}],"wp:attachment":[{"href":"https:\/\/justmarkets.eu\/pl\/wp-json\/wp\/v2\/media?parent=10995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/justmarkets.eu\/pl\/wp-json\/wp\/v2\/categories?post=10995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/justmarkets.eu\/pl\/wp-json\/wp\/v2\/tags?post=10995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}