🗓Today’s Calendar — 2025.06.05
Trade talks between India and the USA commence today. The Caixin Services PMI for China will be released at 04:45 MSK, followed by Eurozone’s PPI at 12:00 MSK and the ECB interest rate decision at 15:15 MSK, with a press conference at 15:45 MSK. Initial Jobless Claims and trade balance data from the USA are due at 15:30 MSK, and Canada's Ivey PMI will be reported at 17:00 MSK.
Chancellor Merz of Germany is set to meet Trump in Washington.
Trade talks between India and the USA commence today. The Caixin Services PMI for China will be released at 04:45 MSK, followed by Eurozone’s PPI at 12:00 MSK and the ECB interest rate decision at 15:15 MSK, with a press conference at 15:45 MSK. Initial Jobless Claims and trade balance data from the USA are due at 15:30 MSK, and Canada's Ivey PMI will be reported at 17:00 MSK.
Chancellor Merz of Germany is set to meet Trump in Washington.
🇺🇸 Trump is growing impatient with Musk due to attacks on the government spending bill, according to the Wall Street Journal.
🌎 Harbor, a global leader in aluminum industry analysis, forecasts that due to Trump’s tariffs, aluminum prices may rise to $3,000 per ton.
⚠️🇷🇺 Russian coal miners reported a loss of 80 billion rubles in the first three months of 2025. According to Rosstat data, only 38% of companies managed to turn a profit.
📊 China's economic data for May shows a mixed performance. The Caixin Services PMI rose to 51.1, up from 50.7, indicating growth in the services sector. However, the Caixin Composite PMI fell to 49.6, down from 51.1, suggesting a contraction in overall economic activity. For further details, visit here.
🇺🇸 Trump has ordered an investigation into President Biden's use of an autopen, claiming a potential cover-up regarding Biden's mental state. On Wednesday, Trump instructed his White House advisor to examine whether Biden's aides concealed concerns about his cognitive decline and whether they unlawfully used the autopen to sign political documents on his behalf. Biden, however, asserted that all political decisions were made by him personally.
🇺🇸🇺🇦 According to the Wall Street Journal, the United States has redirected promised missile components intended for Kyiv for its own needs.
🚀 El Salvador's President Nayib Bukele met with White House Director of Digital Assets Bo Hines to discuss collaboration on BTC and digital assets.
⚠️🇺🇦 According to the New York Times, former President Donald Trump believes that Ukrainian President Volodymyr Zelensky is pushing the world towards the brink of nuclear war.
💰 Goldman Sachs expects the Central Bank of Russia to maintain its key interest rate at 21% during the meeting on June 6.