Week Ahead: May Jobs Data, BoC and ECB Rate Decisions

From Investing.com: 2025-06-02 05:18:00

This week saw global indices rise, led by the Nasdaq. The US Federal Court canceled Trump’s tariff plan, affecting markets. Major companies like Nvidia and Dell beat earnings expectations. The Nasdaq outperformed all US indices, finishing up 1.96%. The US dollar performed the best among currencies. The yen took a hit after remarks from Japan’s Finance Minister. The US Federal Court rejected Trump’s trade tariff policies, causing swings in the dollar index. Commodities like gold, oil, and copper faced challenges. Next week, key data releases are expected, especially regarding the impact of recent trade wars. Asia Pacific markets will focus on RBA Meeting Minutes and China’s PMI data. Europe, US, and UK markets will see important releases like PMI data, ECB and BoC rate decisions, and US jobs reports. The week ahead promises volatility and important economic developments.



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