
U.S. Job Growth Slows in May Amid Tariff Uncertainty and Hiring Caution
Jun 06, 2025 04:56 am UTC| Economy
U.S. job growth likely decelerated in May as tariff-related uncertainty weighed on business confidence, though not enough to prompt the Federal Reserve to resume rate cuts immediately. Economists expect the Labor...

Australia Stands Firm on Biosecurity Amid US Beef Trade Talks
Jun 06, 2025 04:48 am UTC| Economy Politics
Australia will not ease its strict biosecurity rules during tariff negotiations with the United States, Prime Minister Anthony Albanese said on Friday. The statement comes ahead of a possible meeting with U.S. President...

Euro Rallies as ECB Signals Pause After Rate Cut Amid Trade Uncertainty
Jun 06, 2025 04:45 am UTC| Economy Central Banks
The euro climbed to a six-week high as the European Central Bank (ECB) signaled it may pause further interest rate cuts following a 25-basis-point reduction to 2%. ECB President Christine Lagarde described the central bank...

Asian Currencies Steady as Markets Await U.S. Jobs Data and RBI Decision
Jun 06, 2025 04:43 am UTC| Economy
Asian currencies traded flat to slightly lower on Friday as traders remained cautious ahead of key U.S. nonfarm payrolls data and Indias central bank decision. A call between U.S. President Donald Trump and Chinas Xi...

Germany Eyes Key Role in US-EU Trade Talks Ahead of Tariff Deadline
Jun 06, 2025 04:32 am UTC| Politics Economy
German Chancellor Friedrich Merz said Thursday that Germany is ready to play a leading role in shaping future trade agreements as the U.S. and European Union race to finalize a deal before the July 9 deadline. Speaking...

Brazil Plans 10% Tax Break Cut to Avert Controversial IOF Hike
Jun 06, 2025 04:11 am UTC| Economy
Brazils government is expected to support a new bill proposing a 10% reduction in federal tax breaks over two years, sources told Reuters, in a bid to avoid implementing a highly unpopular increase in the Tax on Financial...

Dollar Slips Ahead of U.S. Jobs Report Amid Economic Concerns and Trade Uncertainty
Jun 06, 2025 04:10 am UTC| Economy
The U.S. dollar is on track for a weekly loss, pressured by weak economic data and stalled trade talks. Markets are now focused on the upcoming U.S. nonfarm payrolls report, expected to show a 130,000 job increase, with...