EUR/USD
1.16126
-0.155%
Gold
4457.52
-0.676%
Oil
94.029
2.577%
USD/JPY
159.588
-0.210%
GBP/USD
1.34527
-0.085%
GBP/JPY
214.694
-0.296%
Real-time News
Bank of Japan Governor Kazuo Ueda will speak in ten minutes; the final reading of the UKs May services PMI will be released in ten minutes.June 3rd - Market consensus indicates that Canadas May employment figures, to be released on Friday, will show a modest increase of 10,000 jobs, while the unemployment rate will remain unchanged at 6.9%. Scotiabank reports that Canadas labor market has been weak this year. Net employment declined in three of the first four months, with a cumulative loss of over 100,000 jobs by April. Meanwhile, the Canadian economy has entered a technical recession. First-quarter GDP is projected to contract by 0.1% on an annualized quarterly basis. However, the bank notes that this negative GDP growth is largely due to a significant increase in imports; while household consumption expenditure remains positive, indicating that domestic demand has not yet deteriorated significantly. Nevertheless, the bank believes that persistently weak employment data, coupled with continued trade policy uncertainty and geopolitical risks dragging down the economic outlook, will likely lead the Bank of Canada to maintain a wait-and-see stance. Currently, the market widely expects that under Governor Tiff Macklems leadership, the Bank of Canada will maintain the overnight interest rate unchanged for at least the next few policy meetings, showing no hurry to adjust the direction of monetary policy.German official: Ultimately, we need a form that is as effective as possible and is considered legitimate by Europeans.German officials: Opportunities for dialogue between Europe and Russia on the Ukraine issue are slowly opening up, but this will take several months.Iranian Parliament Deputy Speaker: Iran is willing to negotiate, but does not trust the commitments of the United States.
