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7:28 AM · 5 June 2020

Economic calendar: Labour market data in the spotlight

  • US NFP report may address misreporting in April

  • Canadian employment seen dropping by 500k jobs

Labour market data from the United States and Canada are top releases of the day. US Bureau of Labor Statistics said that there was some misreporting in April's release and the real unemployment rate was higher than 14.7% reported. If BLS decides to address the issue in today's release we may see a big jump in unemployment figures. Apart from that, traders should follow oil news today amid chatter of holding OPEC+ meeting tomorrow.

9:00 am BST - Italy, retail sales for April. Expected: -10% YoY. Previous: -20.5% YoY

1:30 pm BST - US, NFP report for May.

  • Change in non-farm payrolls. Expected: -8000k. Previous: -20500k

  • Wage growth. Expected: 8.6% YoY. Previous: 7.9% YoY

  • Unemployment rate. Expected: 19.7%. Previous: 14.7%

  • Average working hours per week. Expected: 34.3h. Previous: 34.2h

1:30 pm BST - Canada, labour market report for May.

  • Change in employment. Expected: -500k. Previous: -1993.8k

  • Unemployment rate. Expected: 15%. Previous: 13%

6:00 pm BST - US oil rig count. Last week: 222

6 May 2026, 7:04 PM

Daily summary: Oil slumps 8% supporting Wall Street, precious metals and EURUSD

6 May 2026, 7:10 AM

Economic calendar: ADP report and PMI data from Europe 🔎

6 May 2026, 6:43 AM

Morning wrap (06.05.2026)

5 May 2026, 7:14 AM

Economic calendar: US Services ISM and JOLTS report in focus

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