Week ahead: labor data, Fed comments in focus in holiday-shortened week
Key takeaways
- US markets will be closed Friday for the Independence Day holiday, making Thursday's June nonfarm payrolls report the central macroeconomic release of the week.
- Economists expect job creation to moderate from May, with forecasts around 110,000 to 120,000 additions and unemployment steady at 4.3%, alongside stable wage growth near 0.3% month-on-month.
- "The US labour market data this week will be the key macro driver in an otherwise quiet holiday period," said Ipek Ozkardeskaya, senior analyst at Swissquote.
Week ahead: labor data, Fed comments in focus in holiday-shortened week Proactive Mon, June 29, 2026 at 10:15 PM GMT+7 3 min read Wall Street heads into a holiday-shortened week with investors focused on US labor market data, Federal Reserve communications, and a steady flow of corporate events spanning spin-offs, IPOs, and earnings, as markets continue to reassess the inflation and growth outlook into the second half of the year.
US markets will be closed Friday for the Independence Day holiday, making Thursday's June nonfarm payrolls report the central macroeconomic release of the week.
Economists expect job creation to moderate from May, with forecasts around 110,000 to 120,000 additions and unemployment steady at 4.3%, alongside stable wage growth near 0.3% month-on-month.