Economic Data Coming up in the European Session – Neal Bhai

0600 GMT – Germany May industrial production data
Prior release can be found here. A minor data point, but will be put together with factory output/orders data to provide a glimpse of sentiment towards the German economy. So far, things haven’t been going well (hence downward GDP forecast revisions) so let’s see if the softness is continuing.

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Canada Jobs Labour Market Report Due

Gold Silver Reports (GSR) – Employment is expected to rise 15,000 in June, following back-to-back monthly declines, the first since late 2014. Job gains have lost momentum in recent months, and we’ll be watching to see if that trend continues or turns a bit more positive again.            

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