In the US session ADP Employment Change, Unemployment Claims and Manufacturing PMI figures were published.  Private sector employment increased by 253,000 jobs from April to May according to the May ADP National Employment Report. “May proved to be a very strong month for job growth,” said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. “Professional and business services had the strongest monthly increase since 2014. This may be an indicator of broader strength in the workforce since these services are relied on by many industries.”

Separate report on Unemployment Claims showed that U.S. jobless-benefit claims remain low despite an increase last week, with the labor market otherwise exhibiting signs of continued tightening, Labor Department data showed Thursday. Initial filings increased by 13k to 248k (est. 238k). Continuing claims decreased by 9k to 1.915m in week ended May 20 (data reported with one-week lag). Four-week average of initial claims, a less-volatile measure than the weekly figure, rose to 238k from 235.5k in the prior week.

American factories are settling back into a solid pace of expansion after a post-election run-up that saw the Institute for Supply Management’s manufacturing gauge hit an almost three-year high, figures released Thursday showed. Factory index little changed at 54.9 (est. 54.8) from 54.8 in April; readings above 50 indicate growth. ISM’s gauge of new orders increased to 59.5 from 57.5. Measure of production eased, while employment index picked up 15 of 18 manufacturing industries reported growth.

There will be no major data releases from Eurozone tomorrow. US session will be marked by NFP figures. Analysts predict no change in Unemployment Rate, while non-farm employment should increase by 181,000.

Figures to watch:

Non-Farm Employment Change/Unemployment Change (Friday 14:30)