AWARDS

What is it? It's the first indication of the employment situation, released a month earlier than the Unemployment Rate. Source changed series calculation formula as of Jun 2015. Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. Unemployment is also a major consideration for those steering the country's monetary policy.

When? June 17th June 4:30am Eastern Time.

Trading Tip: If the announcement will hint towards higher interest rates, you can expect the GBP to rise.

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What is it? Data represents the 3-month moving average compared to the same period a year earlier. A figure that excludes bonuses is also released, but not included for lack of significance. Source changed series calculation formula as of Jan 2010.

It's a leading indicator of consumer inflation - when businesses pay more for labor the higher costs are usually passed on to the consumer

When? June 17th at 4:30am Eastern Time.

Trading Tip: If the announcement will hint towards higher interest rates, you can expect the GBP to rise.

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Wall Street bets on 75% chance of Greek default as Greece needs to find 1.54 billion euros ($1.7 billion) to pay the International Monetary Fund by June 30 to avoid default. To do that, it needs the last tranche of its 240 billion euro ($262 billion) bailout. 

 U.S. stocks were up on Tuesday, after two straight sessions of losses, as deal activity picked up in the consumer and healthcare sectors and investors waited for the outcome of a two-day Federal Reserve meeting.

USD is rising while EUR is dropping.

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