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This is -- -- Imus in the morning.
Program on the Fox Business Network.
Good morning everyone we are set to get the most important piece of economic data of the month this morning with the release of the June jobs report.
The overall economy is expected to gain 165000.
Jobs last month.
Down from -- 175000.
The unemployment rate is expected to fall slightly to seven point 5% in as always.
We'll also be looking at the labor force participation rate that shows the percentage.
Of working age Americans who have jobs or are looking for them.
And that came in at 63 point 4% in May which was up slightly from April the report comes out at 8:30 eastern fox business's Peter Barnes.
Will break down the numbers for us.
Checking the markets now ahead of that report here in the US -- are getting a boost from comments.
From the European Central Bank on interest -- you've got Dow futures -- up almost 140 points recipes that.
Almost fifteen -- nasdaq's up almost 29.
In Europe both the bank of England and the European Central Bank left their key interest rates unchanged at record -- yesterday and they said rates.
But remain low far into the future London is now up about eight points Paris down about the same Frankfurt's down.
Almost for those comments from Europe sent Asian markets mostly higher Japan's Nikkei and Hong Kong's Hang -- each added 2%.
And it looks like hedge fund billionaire Steven Cohen will probably avoid criminal charges in a long running insider trading probe because the five -- statute of limitations applicable in the case.
Expires this month.
Charges were filed last year.
Against Matthew Mark -- -- portfolio manager who worked closely with Cohen as -- on Charlie guests Reno has been reporting if mark Tillman doesn't cooperate.
Prosecutors can't go after Cohen himself.
The suspicious trades occurred over nine days in July 2008 and involved shares of two drug companies which reported disappointing clinical trial results.
The SEC could still try to Ben Cohen from the securities industry.
And repayment of illicit profits through a civil case.
Cohen has denied any wrongdoing SEC said back in May it would no longer cooperate unconditionally with the investigation.
Samsung Electronics is posting disappointing earnings forecast for the second quarter the Seth Green company says it's operating profit jumped 47% from last year.
To a point three billion dollars but that's still short.
Of the estimate Samsung says the latest version of its flagship Smartphone galaxy S -- hit ten million in sales in May.
Less than a month since its debut but analysts say heavy marketing costs probably weighed on Samsung's mobile business despite the strong sales.
The disappointing guidance is deepening worries that the company's Smartphone business may have peaked.
Here's a look at commodities now goals.
Is currently down oil is above 100 dollars a barrel this morning but also on the decline at the moment down about 21 cents Imus in the morning starts right now on.
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