US: JOLTS Job Openings likely to show pullback to 6625k in June - TDS

Analysts at TD Securities suggest that in the US session, JOLTS Job Openings for June are the only data release and will be keenly watched by market participants.

Key Quotes

“Job openings are currently sitting near all-time highs from April but the market consensus is looking for a pullback to 6625k. We will also be monitoring the quits rate, which reached a post-crisis high of 2.4% in May.”

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Analysts at Nomura note that in the US, job openings remain near record levels this year as labor demand firms in an economy growing well-above potent
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South Africa Manufacturing Production Index (YoY) came in at 0.7% below forecasts (1.7%) in June

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