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China’s Premier Li at World Economic Forum in Tianjin is dissing Trump
Australian monthly CPI (May 2025) 2.1% y/y (vs. 2.3% expected)
Goldman sees FX hedging accelerating dollar weakness
Israel, US strikes set back Iran nukes 2 yrs; Israel vows to block any rebuild effort
Signs UK labour market continues slowing, pay rises below inflation & fewer job openings
Signs UK labour market continues to slow, pay rises below inflation & fewer job openings.
New Zealand May month exports and imports little changed from April
Iran activates air defenses amid drone concerns, denies Israeli strike
RBC holds a constructive view on Japanese equity market, says Japan-US trade deal likely
This again – White House close to announcing a few trade deals (sources say)
Chinese President Xi Jinping will skip the BRICS summit in Rio (July 6–7)
Oil: private survey of inventory shows a headline crude oil draw much larger than expected
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