US Premarket: Statistics Rules

a couple of days the US shares market balanced in a border state: either up or down. On Thursday, the intrigue was allowed, the buyers were in the majority. This means that the rebound continues. At the same time, the medium -term descending trend is not canceled, but is paused. According to the S&P 500 index, we continue to observe a mark of 4100 points.

on the eve of it resisted, which opened the way to 4300 points. There is no point in considering higher levels, because the probability of returning “bears” with large -scale sales remains Very high, despite the local euphoria.

at the Friday premarriet on the Futures on the S&P 500 index. It is possible that the auction will open neutrally, then investors will observe statistics. There are a lot of it today:

unemployment in the USA in May. Most likely, the indicator decreased to 3.5% from 3.6%. This is good for the employment sector in general; The average hourly wage increased by 0.4% m/m, which will be a positive signal for investors; The number of jobs outside the agricultural sector It could increase by 325 thousand against April growth by 428 thousand. The numbers look neutral, too violent growth would be suspicious.

Based on the reports on the labor market, investors will draw conclusions about the upcoming steps of Federal Reserve. If Americans have jobs and salaries, they can contribute to the growth of inflation and further, and this cannot be allowed. Therefore, the Fed may subsequently act in matters of tightening monetary policy and more active. Of course, this is only one of the assumptions. For the US shares market, interest rate increases and a reduction in the Federal Reserve Balance are negative signals. We mean them in mind when we are talking about the background globally negative for investors.