[108853] Markets on edge: US employment report and 'World Cup' effects in focus
Markets on edge ahead of US employment data
The financial markets are on high alert ahead of the publication of the US employment report (NFP) for June, scheduled for today, July 2, 2026. According to Forex Signals, this is the decisive event of the week, especially given the fact that US markets will be closed on Friday for Independence Day.
The ADP data published yesterday presented a mixed picture with only 98 thousand new jobs, a figure that missed the forecast of 118 thousand. According to Forex Signals, this weakness is recorded in the leisure and hospitality sector for the "sixth consecutive time." Analysts note that the current figure adds risk for declines in the markets, with the forecast for the official NFP report standing at 115 thousand new jobs, with a stable unemployment rate of 4.3%.
A central question occupying analysts is whether the World Cup events are expected to influence the official data. According to FXStreet Forex News, there is an assessment that the World Cup may add about 40 thousand jobs to the total number, a fact that requires a "careful reading of the headline" in the official release.
In the monetary and commodities sector, Forex Signals notes that oil stabilized at $68.58 per barrel, its lowest price "since the war with Iran began." At the same time, the USD/JPY currency pair is trading at highs not seen since 1986. Investors are requested to act with caution and manage risks, as this is educational information and not professional financial advice.