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Goldman Sachs expects headline 125k in payroll growth for May
Goldman Sachs expects headline 125k in payroll growth for May
Non-farm payroll (NFP) is due today, Friday, June 6, 2025
Bessent, Lutnick & Greer bickering in front of Japan trade negotiators hindering progress
Bessent, Lutnick & Greer bickering in front of Japan trade negotiators hindering progress
Tensions between the three competing for favour with Trump are complicating tariff negotiations
WSJ: Iran orders material from China for hundreds of ballistic missiles
WSJ: Iran orders material from China for hundreds of ballistic missiles
Iran ordered thousands of tons of ballistic-missile ingredients from China reports the Wall Street Journal
Oil
China
German Chancellor Merz told CNN that Europe is seeking greater independence from China
German Chancellor Merz told CNN that Europe is seeking greater independence from China
Also said Trump's tariffs are having a "terrible" effect on Germany’s auto industry
Politics
China
EUR
Elon Musk says the Trump tariffs will cause a recession in the second half of 2025
Elon Musk says the Trump tariffs will cause a recession in the second half of 2025
Musk injecting something relevant into the biatch slap-fest
Politics
Forexlive Americas FX news wrap: Trump and Xi talk, Trump and Elon fight
Forexlive Americas FX news wrap: Trump and Xi talk, Trump and Elon fight
Forex news for North American trading on Jun 5, 2025
Session wrap
Wrap Nth America
US Treasury says no other country manipulates their own currency
US Treasury says no other country manipulates their own currency
US Treasury maintains a list of countries that manipulate FX. None, they say.
Economic calendar in Asia 06 June 2025 ... m'eh
Economic calendar in Asia 06 June 2025 ... m'eh
Lower-tier data releases only on the calendar for Friday in Asi
economic calendar
How the Elon-Trump divorce could become the most-expensive breakup in history
How the Elon-Trump divorce could become the most-expensive breakup in history
Elon and Trump continue to fight. Tesla shares now down 12%, this could be more expensive than Bill Gates' divorce
Politics
Carney and Trump are holding secret talks, US ambassador says
Carney and Trump are holding secret talks, US ambassador says
They aim to hammer out a trade and security framework
Politics
The Trump-Musk divorce is official
The Trump-Musk divorce is official
Trump comments on Elon Musk
USD
Stocks
Trump says call with Xi went 'very well'
Trump says call with Xi went 'very well'
Trump reiterates positive take on the phone call
Politics
Goldman Sachs: What we expect from tomorrow's US May payrolls
Goldman Sachs: What we expect from tomorrow's US May payrolls
Non-farm payrolls will be released Friday, June 6
Commodity currencies climb as Xi and Trump hold a phone call
Commodity currencies climb as Xi and Trump hold a phone call
Still waiting for details and readout. Big moment in markets
US initial jobless claims 247K vs 235K expected
US initial jobless claims 247K vs 235K expected
Weekly US initial jobless claims and continuing claims data for the week ending May 31, 2025
US April trade balance -61.6B vs -70.0B expected
US April trade balance -61.6B vs -70.0B expected
April 2025 US international trade balance data
ICYMI: NY Fed survey found most firms passed through tariffs to their customers
ICYMI: NY Fed survey found most firms passed through tariffs to their customers
Some findings from the NY Fed survey on tariffs passthrough
market overview
ForexLive European FX news wrap: Currencies little changed while silver jumps, ECB up next
ForexLive European FX news wrap: Currencies little changed while silver jumps, ECB up next
Forex news from the European morning session on Jun 5, 2025
Session wrap
Wrap Europe