Australia’s services sector growth slowed in May as new business weakened; inflation eased, supporting rate cuts.
Trade tensions and limited Fed rate hikes may weaken the US dollar, UBS analysts warn.
Doubling steel tariffs may protect steel jobs but risks broader manufacturing job losses due to higher costs.
API reports larger-than-expected crude draw; market awaits EIA’s more comprehensive oil inventory data Wednesday.
Truth Social files to list Bitcoin ETF on NYSE Arca, tapping into the booming cryptocurrency market trend.
Trump and Xi may speak Friday about trade talks, potentially after a deal, sources say.
Swiss inflation falls, prompting speculation of SNB rate cut; strong franc drives imported goods prices lower.
Barclays adopts a positive oil outlook, citing stable supply, strong fundamentals, and easing trade tensions.
Japan to launch think tank under NSS to assess supply chain risks and bolster economic security measures.
Steel tariffs will double to 50% on June 4, 2025, excluding the United Kingdom’s exemption.
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