US nonfarm payrolls beat the expected 179,000 and posted 222,000 new jobs created in June.
The better than expected results caused a stronger dollar, yet the main impact were on the world's stock markets with Asia stocks starting the trading week strongly and the Hang Seng starting the week with 1 percent gains.
European stocks such as FTSE 100 and Germany's DAX set for 0.4 percent gains and Australian stocks are up 0.3 percent, although China's blue-chip shares are flat.
Following the Non Farm data, Nasdaq gained 1 percent, the S&P 500 added 0.6 percent and the Dow Jones rose 0.4 percent.
The markets will look towards the speeches by the Fed's Janet Yellen and Governor Lael Brainard this week for more indications regarding the Fed's hawkish stance and potential rate hikes in the second half of the year.
Keep up to date on the latest economic news and data releases by following the Yadix economic calendar: http://www.yadix.com/forex-trading-community/economic-calendar/
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