Friday preview: U.S. July non-farm payrolls in focus

by | Aug 4, 2023

(Sharecast News) – All eyes at the end of the week will be on the U.S. non-farm payrolls report for the month of July.
Consensus was for a slowdown in the pace of hiring from the 209,000 increase observed during the previous month to 175,000, according to Dow Jones Newswires.

However, some economists were anticipating a larger increase, such as Ian Shepherdson at Pantheon Macroeconomics, who had penciled in a gain of 275,000.

For now at least, hiring was nevertheless still expected to slowdown appreciably in the fall.

On home shores, at 0930 BST S&P Global was to release its construction sector Purchasing Managers’ Index for July.

Earlier, at 0700 BST German factory orders for June were due out.

Friday 05 August


The Renewables Infrastructure Group Limited, WPP


Heavitree Brewery, Heavitree Brewery ‘A’ Shares, Kitwave Group, Premier Miton Group, Schroder UK Mid Cap Fund


CT UK High Income Trust, CT UK High Income Trust B , Regional REIT Limited, Supermarket Income Reit, TwentyFour Select Monthly Income Fund Limited


Factory Orders (GER) (07:00)

Non-Farm Payrolls (US) (13:30)

Retail Sales (EU) (10:00)


East Imperial


Bytes Technology Group


Telecom Plus


Pets at Home Group


PMI Construction (09:30)


Argentex Group , B&M European Value Retail S.A. (DI), Burberry Group, Bytes Technology Group , Intermediate Capital Group, JD Sports Fashion, JPMorgan European Discovery Trust, Mitie Group, NewRiver REIT, Norcros, Palace Capital , ProVen Growth & Income VCT, ProVen VCT, The Global Smaller Companies Trust, Value and Indexed Property Income Trust, Vodafone Group, VP, Workspace Group

Related articles

Friday preview: BoJ, UK retail sales in focus

Friday preview: BoJ, UK retail sales in focus

(Sharecast News) - Financial markets' focus at the end of the week would be on the Bank of Japan. Central bankers in Tokyo were expected to keep their main policy levers on hold. However, the wording of their policy statement would be scrutinised for any shift in...

Thursday preview: BoE, US data in the spotlight

Thursday preview: BoE, US data in the spotlight

(Sharecast News) - All eyes on Thursday would be on the Bank of England's possibly last interest rate hike for the current tightening cycle. Consensus was that at 1200 BST Bank would announce a 25 basis point hike in Bank Rate to 5.50% and leave the door open to...

Latest Articles

London close: Stocks mixed on global economic jitters

London close: Stocks mixed on global economic jitters

(Sharecast News) - Stocks in London ended Tuesday on a varied note, reflecting global apprehensions around the Chinese economy and rising interest rates, while the shadow of a US credit warning from Moody's loomed large. The FTSE 100 saw a modest uptick, finishing...

JP Morgan reaches settlement with US Virgin Islands over Epstein case

RS Group surges on Betaville report

(Sharecast News) - RS Group surged on Tuesday after markets blog Betaville pointed to "a fresh round of takeover speculation" in one of its latest uncooked alerts. Betaville said that people following the situation have heard rumours that RS Group, a distributor of...

Deutsche Bank, Morgan Stanley cut Burberry price targets

Deutsche Bank, Morgan Stanley cut Burberry price targets

(Sharecast News) - Luxury fashion brand Burberry took a hit on Tuesday as both Morgan Stanley and Deutsche Bank cut their price targets on the stock. DB cut the price target to 2,200p from 2,240p, saying it's more cautious on trends in China and in the US and is...

Join our mailing list

Subscribe to our mailing list to receive regular updates!

No Fields Found.