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Friday, June 7, 2019

Friday Watch List

Markets
After seeing a report of slow job growth from ADP on Wednesday, Friday morning will start with Labor Department reports of non-farm payrolls and unemployment for May at 7:30 a.m. CDT, important factors for the U.S. dollar. The rest of the day will be concerned with planting conditions, weather forecasts and any news about trade issues.

Weather
Widespread shower and thunderstorm activity is expected during Friday from the lower Mississippi and Ohio rivers through the southeast U.S. and the southern middle Atlantic region. This is likely to mean moderate to heavy rainfall totals. A welcome change in the southeast where it has been very hot and dry recently, except areas of local flooding. Scattered showers today and tonight will also occur from the northern Rockies across the Northern Plains and in the Canadian Prairies. Dryness has been a concern in the Prairies and this will help some of the area but some will also miss out. Drier elsewhere in the key U.S. growing areas during Friday.