Welcome to Seeking Alpha's Wall Street brunch, our Sunday look ahead to this week's market moving events,

along with the weekend's top news and analysis.

Hello, today is Sunday June 2nd, and I'm your host, Kim Kahn.

This week's main event on Wall Street won't happen until Friday

when the government releases the official jobs figures for May.

Economists expect that non-formed payrolls rose by 185,000 last month, with the unemployment rate

staying steady at 3.9%. Average hourly earnings are forecast a post-deserved.3% rise for the month.

B&P Paribow warned that the sharp drop in the pace of job creation between March and April

likely overestimated the degree of weakening

due to the shift of Easter on the calendar not being fully accounted for and with

education hiring expected to bounce from a very low level in April.

But Ian Shepardson, economist a pantheon macro,

noted that the S&P Global May Employment

composite reversed only half of April's unexpected drop

and that the composite has recently been a relatively good

indicator of payrolls in the sectors that it covers. It points to another week

private payrolls print for May, making us a bit more confident with our subpar 150,000

forecasts driven by the home-based data, he added. This child's report is the

last one before the June Fed meeting, where markets are pricing in a near certainty of no move, but standard

chartered strategist Steve Englander is going against the higher for longer trend.

Futures markets are pricing in about three basis points of cuts at the 31st of July FOMC meeting he said

we think this is too low in fact a July cut is our baseline there are two more

...