Tonight at 8:30 PM! Important U.S. job data is coming!
At 20:30 tonight, the U.S. will release two super important economic data points:
1. Unemployment Rate: What was it in May? Everyone guesses it will be the same as April, which is 4.2%.
2. New Job Opportunities (Non-Farm): How many jobs were added in May? Everyone guesses around 130,000, which is a bit less than April's 177,000.
Why should we pay attention?
👉 These two numbers can indicate how well the U.S. economy is doing and how easy it is for people to find jobs.
👉 The results will affect when the Federal Reserve (U.S. central bank) will cut interest rates.
👉 Once released, prices of U.S. stocks, the dollar, and gold may fluctuate!
In simple terms: Tonight at 8:30 PM, watch these two key numbers from the U.S.! They relate to your wallet, so keep a close eye on them!
