Thursday, August 01, 2019

Friday: Employment Report, Trade Deficit

by Calculated Risk on 8/01/2019 07:59:00 PM

My July employment preview.

Goldman's July payroll preview.

Friday:
• At 8:30 AM ET, Employment Report for July.   The consensus is for 156,000 jobs added, and for the unemployment rate to decline to 3.6%.

• Also at 8:30 AM, Trade Balance report for June from the Census Bureau. The consensus is the trade deficit to be $54.7 billion.  The U.S. trade deficit was at $55.5 Billion the previous month.

• At 10:00 AM, University of Michigan's Consumer sentiment index (Final for July). The consensus is for a reading of 98.4.