Hiring Slowed in May, With 139,000 New Jobs
The U.S. added 139,000 jobs in May, and the unemployment rate held steady at 4.2%.
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ECB Has Won Battle Against Inflation in the Eurozone, Villeroy Says
Europe has succeeded in bringing inflation under control after a surge driven by the end of the Covid-19 pandemic and Russia's invasion of Ukraine, the head of France's central bank said.
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European Industry Contracts as Tariffs Pull Exports Lower
Industrial production in France and Germany declined in the first month of Trump's global tariff blitz, with goods exports to the U.S. from the latter also falling sharply.
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Russia Cuts Key Rate Despite High Inflation
The Bank of Russia lowered its key interest rate for the first time since late 2022, even with inflation remaining well above its target.
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Stock Futures Rise With Jobs Report, Trump-Musk Feud in Focus
Futures were up ahead of the monthly nonfarm payrolls report.
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India Central Bank Delivers Larger-Than-Expected Rate Cut to Support Growth
India's central bank surprised markets with a jumbo rate cut, seizing on cooling inflation to frontload monetary easing and bolster economic growth amid heightened global uncertainty.
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China Central Bank Pumps Liquidity Into Markets
The move is likely aimed at cushioning against an emerging cash crunch as trade tensions simmer.
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RBA Upbeat on China's Willingness to Do What It Takes on Growth
High-profile visits by senior Australian central bank officials have returned a verdict of confidence that China remains well-placed to ride out the upheavals emerging from U.S. trade policy.
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Wall Street Is Too Pessimistic on the Dollar. That Could Be a Problem.
The dollar is struggling, and strategists overwhelmingly agree it's heading even lower. But with such strong consensus on a negative outlook, any positive news on the greenback could deliver an unexpected-and much harder-blow.
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Congress Will Open Private Markets to Everyone, Next Year
By the end of 2026, Congress will relax the qualifications for investing in private equity and credit, TD Cowen analysts say.
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Oil Prices Have Stayed Unexpectedly Strong. One Wildcard Could Keep Them Rising.
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Treasury to Double Down on Currency Manipulation, Issues Warning for China
Recent weakness in the dollar gives trading partners more reason to intervene, pushing down their own currencies' value.
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Trump's Megabill Is a Boon to the Rich. Here Are the Exceptions.
The elimination of credits, deductions, and certain SALT-cap workarounds in the tax bill would amount to limited increases for some individuals and businesses.
(END) Dow Jones Newswires
June 06, 2025 09:00 ET (13:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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