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U.S. April JOLTS Job Openings Unexpectedly Rise, Labor Market Recovery Still Uncertain
TradingKey – The U.S. labor market showed unexpected strength in April as the JOLTS job openings data came in higher than expected, offering some relief amid concerns over Trump’s escalated steel and aluminum tariffs. U.S. stock indexes rose on Tuesday. However, the report also highlighted ongoing..TradingKey
Wed, Jun 4
Japan's service sector growth slows in May, PMI shows
TOKYO, June 4 (Reuters) - Growth in Japan's service-sector activity slowed in May on weaker demand, offering little to mitigate falling factory activity and resulting in a near-zero growth for business overall, a private sector survey showed on Wednesday.Reuters
Wed, Jun 4
BOJ chief voices confidence economy can withstand US tariff hit
Tariffs to hurt Japan economy via various channelsCorporate, household sentiment already worseningRecord corporate profits, tight job market to serve as buffersJapan to achieve cycle of rising wages and inflationUeda mum on timing of next rate hikeBy Leika KiharaTOKYO, June 3 (Reuters) - Bank of Jap...Reuters
Tue, Jun 3
Tesla's UK car sales drop over 45% in May, New AutoMotive early data shows
June 4 (Reuters) - Tesla's TSLA.O new car sales in Britain tumbled more than 45% from a year earlier in May, preliminary data from research group New AutoMotive showed on Wednesday.The automaker, which has been losing market share in part because of CEO Elon Musk's embrace of far-right polit...Reuters
Tue, Jun 3
Australia’s Gross Domestic Product expected to show modest Q1 growth
The Australian Gross Domestic Product (GDP) will be released on Wednesday, with mixed expectations ahead of the announcement. The first quarter (Q1) figures from the Australian Bureau of Statistics (ABS) are expected to show that the economy made modest progress in the three months to March 2025.
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Tue, Jun 3
US auto sales rate plunges in May after pre-tariff rush fades
June 3 (Reuters) - The U.S. light vehicle sales rate slumped in May by the most in about five years following a rush by auto shoppers during the previous two months to beat anticipated price hikes stoked by President Donald Trump's tariffs on imported automobiles.Wards Intelligence on Tuesday re...Reuters
Tue, Jun 3
U.S. Light Vehicle Total Sales 1.5 Million In May
June 3 (Reuters) - U.S. LIGHT VEHICLE TOTAL SALES 1.5 MILLION IN MAY - WARDS INTELLIGENCEU.S. LIGHT VEHICLE SAAR 15.65 MILLION IN MAY - WARDS INTELLIGENCE:U.S. LIGHT VEHICLE SAAR 15.65 MILLION IN MAY - WARDS INTELLIGENCESource text: [ID:]Further company coverage: [ ]Reuters
Tue, Jun 3
Fed's Logan signals support for ending flexible average inflation targeting
June 3 (Reuters) - Dallas Federal Reserve Bank President Lorie Logan on Tuesday signaled she'd like to return to a monetary policy framework that aims for 2% inflation without trying to make up for past shortfalls, and that responds to the labor market not just when it is weakening but also when...Reuters
Tue, Jun 3
