Major US stock indices grew moderately on Friday, but further growth was limited by weak data on the US labor market.

So, employment growth in the US slowed in May, and employment growth in the previous two months was not as strong as previously reported, which indicates that the labor market is losing momentum, despite the fact that the unemployment rate fell to a 16-year low In 4.3%. In May, the number of jobs in the non-agricultural sector increased by 138,000, as production, government and retail sectors lost jobs. Data for March and April were revised to show 66,000 fewer jobs than previously reported. The number of jobs in May was marked by a sharp slowdown from 181,000 monthly averages over the past 12 months. Economists had expected an increase in the number of employed people for 182,000 jobs, and the unemployment rate was 4.4 percent.

However, the index of business activity in New York deteriorated significantly in May, not meeting the expectations of analysts, and reaching the lowest level since June 2016. This is evidenced by a report published by the ISM of New York. According to the data, the index, which assesses the economic conditions in the manufacturing and services sectors for companies registered in New York, fell to 46.7 from 55.8 in April. Economists predicted that the index will be 55.3.

Most components of the DOW index finished trading in positive territory (19 out of 30). Exxon Mobil Corporation shares fell the most (XOM, -1.69%). The leader of growth was shares of Microsoft Corporation (MSFT, + 2.40%).

Almost all sectors of the S & P index showed an increase. The main materials sector fell most of all (-0.6%). The leader of growth was the healthcare sector (+ 0.8%).

At closing:

Dow + 0.28% 21,202.94 +58.76

Nasdaq + 0.94% 6,305.80 +58.97

S & P + 0.36% 2.438.79 +8.73

EURUSD: 1.1100 ( EUR 574m) 1.1130 (514m) 1.1150-60 (1.4bln) 1.1200-05 (637m) 1.1290-1.1300 (1.63bln)

USDJPY: 110.80-90 (USD 250m) 111.20-30 (586m) 111.50 (426m) 111.90 (220m) 112.00-05 (482m) 112.20-25 (868m)

GBPUSD: 1.2750 (GBP 210m) 1.2765 (783m) 1.2800 (445m) 1.2900 (198m) 1.2980 (210m)

EURGBP: 0.8550 (EUR 300m) 0.8650 (205m) 0.8720 (300m)

AUDUSD: 0.7200 (AUD 1.13bln) 0.7450 (891m) 0.7700 (600m)

USDCAD: 1.3400 (214m) 1.3520 (221m) 1.3600 (195m) 1.3650 (241m)

NZDUSD: 0.6900 (NZD 595m)

U.S. stock-index futures were flat as the May jobs report fell short of markets' expectations.

Stocks:

Nikkei 20,177.28 +317.25 +1.60%

Hang Seng 25,924.05 +114.83 +0.44%

Shanghai 3,105.98 +3.36 +0.11%

S&P/ASX 5,788.11 +49.99 +0.87%

FTSE 7,557.14 +13.37 +0.18%

CAC 5,353.57 +34.90 +0.66%

DAX 12,828.00 +163.08 +1.29%

Crude $47.33 (-2.13%)

Gold $1,265.30 (-0.38%)

Canada's merchandise trade balance with the world narrowed to a $370 million deficit in April, from a revised $936 million deficit in March. Exports rose 1.8% to $47.7 billion, led by higher exports of passenger cars and light trucks. Imports were up 0.6% to $48.1 billion, on the strength of import prices.

Canada's trade activity has been strong in recent months, with Canada's total merchandise trade (exports plus imports) reaching a record high $95.7 billion in April. Year over year, Canada's total trade rose 10.9%.

(company / ticker / price / change ($/%) / volume)

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $47.6 billion in April, up $2.3 billion from $45.3 billion in March, revised. April exports were $191.0 billion, $0.5 billion less than March exports. April imports were $238.6 billion, $1.9 billion more than March imports.

The April increase in the goods and services deficit reflected an increase in the goods deficit of $2.3 billion to $68.4 billion and a decrease in the services surplus of less than $0.1 billion to $20.8 billion.

Year-to-date, the goods and services deficit increased $22.1 billion, or 13.4 percent, from the same period in 2016. Exports increased $44.3 billion or 6.1 percent. Imports increased $66.4 billion or 7.5 percent.

Deere (DE) upgraded to Neutral from Underweight at JP Morgan

Labour productivity of Canadian businesses rose 1.4% in the first quarter-the largest gain since the second quarter of 2014 (+1.8%) and the second time in three quarters that productivity growth exceeded 1.0%.

Despite fewer hours worked in the first quarter, business output continued to grow rapidly.

The real gross domestic product (GDP) of businesses rose 1.1% in the first quarter, up slightly from the 0.8% gain the previous quarter. Every major industrial sector except agriculture and forestry increased production in the first quarter. Both goods-producing and service-producing businesses increased their pace of production.

In May, average hourly earnings for all employees on private nonfarm payrolls rose by 4 cents to $26.22. Over the year, average hourly earnings have risen by 63 cents, or 2.5 percent. In May, average hourly earnings of private-sector production and nonsupervisory employees increased by 3 cents to $22.00.

The average workweek for all employees on private nonfarm payrolls was unchanged at 34.4 hours in May. In manufacturing, the workweek also was unchanged at 40.7 hours, while overtime edged up by 0.1 hour to 3.3 hours. The average workweek for production and nonsupervisory employees on private nonfarm payrolls edged down by 0.1 hour to 33.6 hours.

Total nonfarm payroll employment increased by 138,000 in May, and the unemployment rate was little changed at 4.3 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care and mining.

The unemployment rate, at 4.3 percent, and the number of unemployed persons, at 6.9 million, changed little in May. Since January, the unemployment rate has declined by 0.5 percentage point, and the number of unemployed has decreased by 774,000.

The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) was little changed at 5.2 million in May. These individuals, who would have preferred full-time employment, were working part time because their hours had been cut back or because they were unable to find a full-time job.

EUR/USD

Offers: 1.1230 1.1250 1.1280 1.1300 1.1320 1.1350

Bids: 1.1200 1.1180 1.1150 1.1120 1.1100 1.1080 1.1050

GBP/USD

Offers: 1.2880-85 1.2900 1.2930 1.2950 1.2985 1.3000

Bids: 1.2850 1.2830 1.2800 1.2785 1.2750 1.2730 1.2700

EUR/JPY

Offers: 125.30 125.50 125.80 126.00 126.50

Bids: 125.00 124.80 124.50 124.30 124.00 123.80 123.50

EUR/GBP

Offers: 0.8730 0.8750 0.8785 0.8800 0.8820 0.8850

Bids: 0.8700 0.8685 0.8665 0.8650 0.8630 0.8600

USD/JPY

Offers: 111.80-85 112.00 112.30 112.50 112.80 113.00

Bids: 111.30 111.00 110.75-80 110.50 110.30 110.00

AUD/USD

Offers: 0.7400 0.7420 0.7450 0.7480 0.75000.7530 0.7550

Bids: 0.7375-80 0.7350 0.7300 0.7280 0.7250 0.7200

• We will be in partnership with US companies, states that have been vocal in their support for Paris deal

• Labour on 40 pct (may 18: 34 pct)

• Puts conservative lead at 5 percentage points (vs 15 points may 18)

In April 2017, compared with March 2017, industrial producer prices remained stable in both the euro area (EA19) and the EU28, according to estimates from Eurostat, the statistical office of the European Union. In March 2017 prices fell by 0.3% in the euro area and by 0.2% in the EU28. In April 2017, compared with April 2016, industrial producer prices rose by 4.3% in the euro area and by 4.8% in the EU28.

Prices in the EU28 remained stable due to rises of 0.4% for non-durable consumer goods, of 0.3% for durable consumer goods, of 0.2% for intermediate goods and of 0.1% for capital goods, while prices fell by 0.4% in the energy sector. Prices in total industry excluding energy rose by 0.2%. The highest increases in industrial producer prices were observed in Bulgaria (+1.3%), Greece (+0.6%), Latvia and the United Kingdom (both +0.5%), and the largest decreases in Ireland (-0.9%), Sweden (-0.7%), France and Slovakia (both -0.6%).

UK construction companies experienced a sharp rebound in business activity during May, helped by the fastest upturn in residential work since the end of 2015. The latest survey also revealed a sustained recovery in new work, following the soft patch seen during the first quarter of 2017. Increased workloads encouraged greater staff recruitment and a marked expansion of input buying across the construction sector. Meanwhile, prices for imported materials continued to push up input costs during May. However, the overall rate of input price inflation eased further from the peak seen at the start of the year.

The seasonally adjusted IHS Markit/CIPS UK Construction Purchasing Managers' Index posted 56.0 in May, up sharply from 53.1 in April, to signal the strongest expansion of overall business activity for 17 months. While the headline index signalled robust growth momentum during May, the latest reading was still much weaker than the post-crisis peak seen in January 2014 (64.6).

EURUSD: 1.1100 ( EUR 574m) 1.1130 (514m) 1.1150-60 (1.4bln) 1.1200-05 (637m) 1.1290-1.1300 (1.63bln)

USDJPY: 110.80-90 (USD 250m) 111.20-30 (586m) 111.50 (426m) 111.90 (220m) 112.00-05 (482m) 112.20-25 (868m)

GBPUSD: 1.2750 (GBP 210m) 1.2765 (783m) 1.2800 (445m) 1.2900 (198m) 1.2980 (210m)

EURGBP: 0.8550 (EUR 300m) 0.8650 (205m) 0.8720 (300m)

AUDUSD: 0.7200 (AUD 1.13bln) 0.7450 (891m) 0.7700 (600m)

USDCAD: 1.3400 (214m) 1.3520 (221m) 1.3600 (195m) 1.3650 (241m)

NZDUSD: 0.6900 (NZD 595m)

The number of unemployed registered in the offices of the Public Employment Services State has fallen in May in 111,908 people in relation to the previous month. In the last eight years registered unemployment had declined on average, in this same month, to 82,000 people.

Thus, the total number of unemployed registered in the month of May stands at 3,461,128. For the fourth consecutive year unemployment in May fell by more than 110,000 people. In seasonally adjusted terms unemployment is reduced in May in 39,566 people. It is the largest reduction of the entire historical series in a month of May.

• U.S. will try to "make a deal that's fair" on climate

• U.S. to end contributions to Paris pact and green climate fund

• Will cease all implementation of non-binding elements of Paris accord "as of today"

• U.S. will begin negotiations to re-enter Paris accord or new accord on terms fair to U.S.

• Deeply regrets the unilateral decision by the Trump administration

• Will seek new alliances to combat climate change

• UU withdrawal from Paris climate deal is a sad day for the global community

• Says focused on working with congress to raise debt limit "before there's an issue"

• Chief govt spokesman says will continue to call for U.S. to engage on climate change issues

• Announcement by US administration to withdraw from Paris agreement is regrettable

• Hopes to explore ways in which it can cooperate with United States so as to effectively address climate change issues

EUR/USD

Resistance levels (open interest**, contracts)

$1.1327 (5276)

$1.1294 (4470)

$1.1269 (5061)

Price at time of writing this review: $1.1218

Support levels (open interest**, contracts):

$1.1155 (2352)

$1.1123 (2630)

$1.1084 (2565)

Comments:

- Overall open interest on the CALL options with the expiration date June, 9 is 82166 contracts, with the maximum number of contracts with strike price $1,1000 (5951);

- Overall open interest on the PUT options with the expiration date June, 9 is 103726 contracts, with the maximum number of contracts with strike price $1,0700 (5456);

- The ratio of PUT/CALL was 1.26 versus 1.27 from the previous trading day according to data from June, 1

GBP/USD

Resistance levels (open interest**, contracts)

$1.3102 (3287)

$1.3005 (4086)

$1.2909 (2369)

Price at time of writing this review: $1.2876

Support levels (open interest**, contracts):

$1.2793 (2510)

$1.2696 (2617)

$1.2597 (1412)

Comments:

- Overall open interest on the CALL options with the expiration date June, 9 is 38135 contracts, with the maximum number of contracts with strike price $1,3000 (4086);

- Overall open interest on the PUT options with the expiration date June, 9 is 39461 contracts, with the maximum number of contracts with strike price $1,1500 (3061);

- The ratio of PUT/CALL was 1.03 versus 1.06 from the previous trading day according to data from June, 1

* - The Chicago Mercantile Exchange bulletin (CME) is used for the calculation.

** - Open interest takes into account the total number of option contracts that are open at the moment.

European stocks closed higher on Thursday, breaking a five-day losing streak as investors welcomed a rally in oil prices and continued to follow developments in the U.K. election campaign. The Stoxx Europe 600 index SXXP, +0.43% gained 0.4% to finish at 391.66, after closing at the lowest level in almost two weeks on Wednesday.

U.S. stocks ended at record levels on Thursday, boosted by by stronger-than-expected data on private-sector hiring and manufacturing. The S&P 500 SPX, +0.76% closed 18.26 points, or 0.8%, higher at 2,430.06, with all 11 main sectors ending in positive territory. Financials, health-care and materials stocks led the gains, up more than 1%. The Nasdaq Composite COMP, +0.78% advanced 48.31 points, or 0.8%, to 6,246.83.

Japan's benchmark index zoomed above 20,000 points on Friday, the first time in 18 months, leading broad equity gains across the region following another record close on Wall Street overnight. The Nikkei Stock Average NIK, +1.75% was the region's best performer for the second straight session, gaining 1.4% to 20138, lifted by a strengthening U.S. dollar against the yen, which benefits the nation's exporters. The U.S. dollar was up 0.5% against the yen compared with Thursday's close. Gains were widening early Friday.

(raw materials / closing price /% change)

Oil 48.03 -0.68%

Gold 1,268.20 -0.15%

(index / closing price / change items /% change)

Nikkei +209.46 19860.03 +1.07%

TOPIX +17.77 1586.14 +1.13%

Hang Seng +148.57 25809.22 +0.58%

CSI 300 +4.86 3497.74 +0.14%

Euro Stoxx 50 +12.43 3567.02 +0.35%

FTSE 100 +23.82 7543.77 +0.32%

DAX +49.86 12664.92 +0.40%

CAC 40 +35.04 5318.67 +0.66%

DJIA +135.53 21144.18 +0.65%

S&P 500 +18.26 2430.06 +0.76%

NASDAQ +48.31 6246.83 +0.78%

S&P/TSX +120.00 15469.91 +0.78%

(pare/closed(GMT +2)/change, %)

EUR/USD $1,1213 -0,26%

GBP/USD $1,2883 +0,08%

USD/CHF Chf0,9712 +0,37%

USD/JPY Y111,36 +0,48%

EUR/JPY Y124,87 +0,22%

GBP/JPY Y143,46 +0,55%

AUD/USD $0,7374 -0,76%

NZD/USD $0,7061 -0,30%

USD/CAD C$1,3513 +0,14%