@@ IMPORTANT TRADING SESSION- NAN FARM PAYROLL DAY @ 5 July The - TopicsExpress

@@ IMPORTANT TRADING SESSION- NAN FARM PAYROLL DAY @ 5 July The markets will be gearing up for the release of US non-farm payroll and unemployment data on Friday. Last month’s better than expected nonfarm payroll data added to global financial market jitters that Fed tapering was growing increasingly imminent. The Fed’s strategy to start tapering its $85bn per month asset purchases by the end of the year is dependent on the unemployment rate falling from its current 7.6% to 7.0%. A rate of 6.5% would represent the threshold for rates to start rising ## The preliminary reading of the leading indicator is made available by the Cabinet Office in Japan. ## International trade data is released in France. ## Industrial production statistics for Spain and factory orders in Germany are also published. ## In the US, non-farm payroll figures are published alongside unemployment data in Canada.

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Israel continues its widespread crackdown on the Palestinian