News
Important Only
US JOLTS job openings expected to decline for third consecutive month in April
The Job Openings and Labor Turnover Survey (JOLTS) will be released on Tuesday by the United States (US) Bureau of Labor Statistics (BLS). The publication will provide data about the change in the number of job openings in April, alongside the number of layoffs and quits.Fxstreet
Tue, Jun 3
US-India nearing trade deal as talks progress, commerce secretary says
By Manoj Kumar NEW DELHI, June 3 (Reuters) - Trade negotiations between the United States and India are making progress and a deal could be finalised soon, U.S. Commerce Secretary Howard Lutnick said on Monday, as both sides push to conclude talks ahead of a July deadline. "You should expect ...Reuters
Tue, Jun 3
OECD trims global outlook as Trump trade war hits U.S. growth
OECD revises global growth down to 2.9% for 2025-2026U.S. growth forecast slashed due to trade war impactChina's growth partly offset by subsidies and welfare spendingBy Leigh Thomas PARIS, June 3 (Reuters) - Global economic growth is slowing more than expected only a few months ago as the fa...Reuters
Tue, Jun 3
Vietnam firms to sign MoUs to buy $2 bln of US farm produce
HANOI, June 3 (Reuters) - Vietnamese firms will sign memorandums of understanding with U.S. partners to buy $2 billion worth of American farm produce, the agriculture ministry said on Tuesday, part of efforts to seal a new trade deal between the two countries.Vietnam has been slapped with 46% "r...Reuters
Tue, Jun 3
ANALYSIS-India considers easing bank ownership rules as foreign interest grows
Indian central bank reviewing ownership rules for banksForeign banks eager to tap India's rapid growth, trade dealsSMBC's deal for Yes Bank shows foreign interest, RBI flexibilityBy Ira Dugal and Swati Bhat MUMBAI, June 3 (Reuters) - The Indian banking regulator is signalling possible rul...Reuters
Tue, Jun 3
Mood darkens further in German auto sector under strain of tariffs
BERLIN, June 3 (Reuters) - Sentiment in the German automotive industry deteriorated further in May, the Ifo institute said on Tuesday, reporting a fall in its business climate index for the sector to -31.8 points from -30.7 in April."The confusion surrounding the U.S. tariffs is causing problems...Reuters
Tue, Jun 3
Trump’s Tariff Uncertainty Drags U.S. Manufacturing into Third Consecutive Month of Contraction—Imports and Exports Collapse
TradingKey - Amid the uncertainty surrounding Trump’s tariff policies, the U.S. manufacturing sector continued its contraction in May, with both import and export indicators hitting multi-year lows. Manufacturers and suppliers remain hesitant amid growing trade tensions and policy instability.TradingKey
Tue, Jun 3
Australia central bank says higher US tariffs a drag on global economy
SYDNEY, June 3 (Reuters) - Australia's central bank said on Tuesday that higher U.S. tariffs would drag on the global economy and put near-term downward pressures on prices of traded goods, though the exact impact is hard to assess given the policy uncertainties.In a speech in Brisbane, Reserve ...Reuters
Tue, Jun 3
Japan’s economic policy roadmap to promote domestic ownership of JGBs – Reuters
According to a draft of the government’s economic policy roadmap obtained by Reuters, “Japan is expected to promote domestic ownership of government bonds to avoid further rises in long-term interest rates.”
Fxstreet
Tue, Jun 3
