Economy

3 June 2026
Brazil Industrial Output Beats Forecasts, Clouding Rate-Cut Outlook and Supporting the Real

Brazil’s April industrial output grew 2.7%, beating forecasts, complicating rate-cut bets and boosting BRL outlook.

3 June 2026
Brazil Industrial Output Beats Forecasts, Bolstering Real and Ibovespa as Rate Cut Odds Fade

Brazil industrial output rose 0.7% in April, beating forecasts, supporting BRL, equities, and higher rates.

3 June 2026
UK Composite PMI Beats Forecast but Remains in Contraction, Bolstering Sterling and Volatility Bets

UK composite PMI beat forecasts at 49.7, still contracting; supports UK assets, lifts GBP, boosts volatility.

3 June 2026
UK Services PMI Beats Forecast but Stays Below 50, Complicating Bank of England Outlook

UK services PMI beat forecasts but stayed contractionary, hinting brief market relief amid persistent slowdown, inflation.

3 June 2026
Australia Q1 GDP Matches RBA, but Data Centre Investment Masks Weak Demand and Falling Productivity

Australia’s Q1 GDP rose modestly, driven by data centres, as weak demand and sticky inflation constrain RBA.

3 June 2026
Eurozone Composite PMI Beats Forecast but Stays in Contraction, Supporting Cautious ECB Rate Outlook

Eurozone composite PMI beat forecasts at 48.5, easing recession fears, supporting euro and equities, complicating ECB cuts.

3 June 2026
Eurozone Services PMI Beats Forecast but Stays in Contraction, Bolstering ECB Rate-Cut Bets

Eurozone services PMI rose to 47.7 in May, still contracting; boosts ECB cut bets, bearish euro.

3 June 2026
Australia Q1 GDP miss fuels dovish RBA bets, nudging AUD/USD lower despite technical support

Australia’s Q1 2026 GDP misses forecasts, pressuring AUD and boosting expectations of a more dovish RBA.

3 June 2026
Australia Q1 GDP misses forecasts, fuelling rate-cut bets and weighing on the Australian dollar

Australia’s Q1 GDP rose 0.3%, missing forecasts, shifting RBA expectations toward rate cuts, pressuring AUD.

3 June 2026
USD/CNH retains bearish bias, with focus shifting to 6.7500 and resistance at 6.7800

USD/CNH edged higher but tone softened; bearish bias persists, targeting 6.7500, with 6.7800 key resistance.

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