The US dollar has come under a little pressure as the new week gets going. Despite a stronger-than-expected May jobs report and robust wage growth, it seems the market is still wanting to be cautious ahead of Wednesday’s key US inflation data and US-China trade talks focusing on tariffs and technology.
The euro has gained modestly, supported by ECB signals indicating the end of rate cuts. Meanwhile, ECB President Lagarde’s push for a stronger global role for the euro is adding tailwinds for cryptocurrencies.
Japan’s economy shrank less than expected, while China’s persistent deflation—alongside a $103.2 billion trade surplus driven by weaker exports—underscores global economic challenges.
Political developments, including Trump’s warning to Elon Musk over opposition to a tax bill and protests in Los Angeles against immigration raids, add to market noise. Meanwhile, Japan’s potential buyback of long-term bonds has left the yen unmoved.
Pour connaître la date et l’heure exactes de ces événements économiques majeurs, importez le BlackBull Markets Calendrier économique pour recevoir des alertes directement dans votre boîte aux lettres électronique.
