US Challenger May layoffs 93.82k vs 105.44k prior
US Challenger May layoffs 93.82k vs 105.44k prior
Latest data released by Challenger, Gray & Christmas, Inc. - 5 June 2025
China vice president Han Zheng says US-China relations are at 'critical juncture'
China vice president Han Zheng says US-China relations are at 'critical juncture'
Remarks by China vice president, Han Zheng, as he meets with the US delegation for high-level dialogue
Politics
One last consecutive rate cut for the road by the ECB?
One last consecutive rate cut for the road by the ECB?
That looks to be the case for the monetary policy decision today
Bitcoin consolidates as traders await the NFP and CPI reports
Bitcoin consolidates as traders await the NFP and CPI reports
The lack of changes in the macro picture and the waiting for the key US data has caused the bullish momentum to wane
Eurozone April PPI -2.2% vs -1.8% m/m expected
Eurozone April PPI -2.2% vs -1.8% m/m expected
Latest data released by Eurostat - 5 June 2025
Majority of UK firms see no material impact from US trade policy changes - BOE survey
Majority of UK firms see no material impact from US trade policy changes - BOE survey
The latest findings from the BOE decision maker panel survey - 5 June 2025
UK May construction PMI 47.9 vs 47.2 expected
UK May construction PMI 47.9 vs 47.2 expected
Latest data released by S&P Global - 5 June 2025
Crude oil unbothered by the Saudi Arabia push for faster production increases
Crude oil unbothered by the Saudi Arabia push for faster production increases
The negative supply side news continue to have less and less of an impact on prices
Italy April retail sales +0.7% vs +0.2% expected
Italy April retail sales +0.7% vs +0.2% expected
The latest data from ISTAT - 5 June 2025
Germany May construction PMI 44.4 vs 45.1 prior
Germany May construction PMI 44.4 vs 45.1 prior
Latest data released by HCOB - 5 June 2025
European indices little changed to kick start the new day
European indices little changed to kick start the new day
A more muted tone as we await the ECB policy decision later
Stocks
What are the main events for today?
What are the main events for today?
The highlights include the ECB Policy Announcement and the US Jobless Claims data
market overview
Eurostoxx futures -0.1% in early European trading
Eurostoxx futures -0.1% in early European trading
A more tentative mood after the gains yesterday
Stocks
Germany April industrial orders +0.6% vs -1.0% m/m expected
Germany April industrial orders +0.6% vs -1.0% m/m expected
Latest data released by Destatis - 5 June 2025
Dollar little changed ahead of European trading
Dollar little changed ahead of European trading
It has been a back and forth week for the dollar so far
Japan 30-year bond auction bid-to-cover ratio 2.92 vs prior sale 3.07  & 12-month Avg 3.39
Japan 30-year bond auction bid-to-cover ratio 2.92 vs prior sale 3.07 & 12-month Avg 3.39
Japan 30-year bond sale draws its weakest demand ratio since 2023
Bonds
ForexLive Asia-Pacific FX news wrap: Asia quiet ahead of ECB - China Services PMI expands
ForexLive Asia-Pacific FX news wrap: Asia quiet ahead of ECB - China Services PMI expands
Forex news for Asian trading on Thursday, June 5, 2025
Session wrap
Wrap Asia
China Caixin Services PMI (May) 51.1 (prior 50.7)
China Caixin Services PMI (May) 51.1 (prior 50.7)
China Caixin / S&P PMI for May 2025
China
Australian April goods exports -2.4% m/m (prior +7.6%)
Australian April goods exports -2.4% m/m (prior +7.6%)
Australian trade balance data for April 2025
Saudis want more large production hikes in a push for market share - report
Saudis want more large production hikes in a push for market share - report
Saudis want to continue adding 411K bpd in August and potentially Sept
May US ISM services 49.9 vs 52.0 expected
May US ISM services 49.9 vs 52.0 expected
The ISM services index for May 2025
US April S&P Global final services PMI 53.7  vs 52.3 prelim
US April S&P Global final services PMI 53.7 vs 52.3 prelim
The final services and composite PMI from S&P Global for May 2025
Canada May S&P Global services PMI 45.6  vs 41.5 prior
Canada May S&P Global services PMI 45.6 vs 41.5 prior
Canada service sector survey from S&P Global for May 2025