European futures inch higher, reflecting Wall Street’s late rally, while markets eye upcoming US-EU trade talks.
Market remains cautious as dollar stabilizes; attention turns to U.S. jobs data and upcoming ECB meeting.
Markets remain tense amid Trump’s tariff uncertainty, with global trade talks stalling and investor confidence wavering.
US tariffs may hurt Japanese exporters, dampen bonuses, slow wage growth, but consumption could gradually recover.
China’s Caixin PMI fell to 48.3 in May, signaling contraction amid weakening output, orders, and employment.
Chinese markets reopen as PBOC sets yuan midpoint and injects liquidity via 7-day reverse repos.
Australia’s minimum wage increases 3.5% to $24.94/hour, aiding 2.6 million workers, exceeding inflation rate.
Bank of Japan may halt quarterly bond purchase cuts amid rising yields and concerns over economic management.
BOJ faces pressure to slow bond taper amid yield volatility and low demand, especially for super-long bonds.
UK and U.S. officials meet to address new steel tariffs and finalize details of informal trade agreements.
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