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    4 June 2025
    In Australia, the services sector’s growth weakened amid reduced new business and diminishing optimism

    Australia’s services sector growth slowed in May as new business weakened; inflation eased, supporting rate cuts.

    4 June 2025
    Analysts from UBS highlight ongoing trade wars as a continuing risk for the US dollar’s stability

    Trade tensions and limited Fed rate hikes may weaken the US dollar, UBS analysts warn.

    4 June 2025
    Increasing steel tariffs could lead to greater job losses within US manufacturing, experts warn

    Doubling steel tariffs may protect steel jobs but risks broader manufacturing job losses due to higher costs.

    4 June 2025
    A private survey revealed a larger crude oil draw than anticipated, showing discrepancies with official data

    API reports larger-than-expected crude draw; market awaits EIA’s more comprehensive oil inventory data Wednesday.

    4 June 2025
    Truth Social, owned by Trump, seeks NYSE listing for Bitcoin ETF, according to crypto media sources

    Truth Social files to list Bitcoin ETF on NYSE Arca, tapping into the booming cryptocurrency market trend.

    4 June 2025
    According to sources, Trump seeks a conversation with Xi, aiming to resolve trade tensions personally

    Trump and Xi may speak Friday about trade talks, potentially after a deal, sources say.

    4 June 2025
    Petra Tschudin of the SNB views monthly inflation data as insignificant, prioritising medium-term focus instead

    Swiss inflation falls, prompting speculation of SNB rate cut; strong franc drives imported goods prices lower.

    4 June 2025
    Barclays’ outlook on oil prices improves due to strong fundamentals, stable supply, and trade easing

    Barclays adopts a positive oil outlook, citing stable supply, strong fundamentals, and easing trade tensions.

    4 June 2025
    A new Japanese think tank will assess economic security, focusing on tariffs and Taiwan tensions

    Japan to launch think tank under NSS to assess supply chain risks and bolster economic security measures.

    4 June 2025
    Steel tariffs will rise to 50% for most countries, while UK tariffs remain unchanged at 25%

    Steel tariffs will double to 50% on June 4, 2025, excluding the United Kingdom’s exemption.

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