From Investing.com: 2025-06-06 02:39:00

Yesterday, stock indices experienced volatile reactions to Trump and Xi Jinping discussions, shifting from green to red. Traders were disappointed by the anticipated Trump-Xi call, leading to profit-taking before key data releases. The ECB cut rates by 25 bps to 2%, suggesting the cut cycle is nearing its end. US initial jobless claims exceeded expectations at 245K. Canada’s Ivey PMI data beat expectations at 48.9. Industrial metals rose, with copper breaking out from consolidation. Cryptocurrency market was in the red. Forex market saw the Euro rally and the Dollar consolidate. Eyes are on today’s Non-Farm Payroll data. Lagarde’s speech expected before Eurozone GDP data release. Safe trades!



Read more at Investing.com: Markets Brace for NFP After Trump-Xi Call Fails to Inspire Bulls