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WH Chief of Staff Miller:China must show its commitment to rules-based international order
Japan’s economic minister Akazawa met with US Treasury Secretary Bessent and Lutnick
US indices are trading lower to start the day. Prices are higher for the week.
University of Michigan sentiment for May final 52.2 vs.51.0 estimate
US core PCE for April 0.1% vs 0.1% estimate. Core YoY 2.5% vs 2.5% estimate
Canada GDP Q1 Annualized 2.2% vs 1.7% estimate
Canada GDP for March +0.1% vs +0.1% expected
USTR Greer on CNBC: We have tools if the tariff ruling goes the other way.
US Trade Representative Greer: China behaviour is completely unacceptable
WSJ Timiraos: This month is good, but what will the impact of tariffs going forward
Germany May preliminary CPI (HICP) +2.1% vs +2.0% y/y expected
OPEC+ may discuss an oil output hike larger than 411,000 bpd for July
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