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Fed’s Waller: If tariffs are closer to 10%, then economy is good shape for 2H
The US House passes the Trump tax bill and sends it to the Senate
Motion to recommit failed, now the House is voting on the tax bill
The US House is voting
Japan Eco Minister: No change to Japan’s stance of demanding elimination of US tariffs
US House to vote on the “big, beautiful bill” shortly
ECB’s Holzmann: The Euro’s importance as a global currency is set to increase
Germany May Ifo business climate index 87.5 vs 87.4 expected
Eurozone May flash services PMI 48.9 vs 50.3 expected
Germany May flash manufacturing PMI 48.8 vs 48.9 expected
UK May flash services PMI 50.2 vs 50.0 expected
ECB’s Vujcic: Eurozone growth positive but low
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