US nonfarm payrolls disappoint

NEW YORK CITY - APRIL 21: Times Square, featured with Broadway Theaters and animated LED signs, is a symbol of New York City and the United States, April 21, 2016 in Manhattan, New York City. USA. - Görsel
US nonfarm payrolls disappoint

U.S. nonfarm payrolls rose by 75,000 in May, quite below expectations while the jobless rate held steady as expected at 3.6 pct. Wage growth came out at 0.2 pct vs. 0.3 pct in the same month. The worse-than-expected job creation disappointed the markets, accelerating the losses in dolar assets. Although the markets estimate that Fed to keep rates unchanged at the June 18-19 policy meeting, the first rate is expected to arrive in July with another decrease in September.