The Day Ahed

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๐Ÿ‡บ๐Ÿ‡ธ United States
May Jobs Report: Expected to show 125,000 new jobs (vs. 177,000 in April); unemployment rate likely steady at 4.2%. Slower hiring may reflect effects of trade tensions.

April Consumer Credit: Will reveal household borrowing trends. "Buy Now, Pay Later" usage is up, especially among younger, wealthier consumers. Consumer stress rising.

๐Ÿ‡ฏ๐Ÿ‡ต Japan
April Household Spending: Fell 0.1% YoY, below expectations (+1.4%). Inflation outpaced wage growth, curbing spending.

Leading Economic Index: Fell 0.7%, pointing to a potential slowdown due to weak new orders and U.S. trade policy uncertainty.

Coincident Index: Up 0.1% in January, but down 0.4% over six monthsโ€”indicates stagnating current economic activity.

๐Ÿ‡ฉ๐Ÿ‡ช Germany
April Industrial Production: Rose 0.3% MoM, rebounding after a sharp March decline. Industrial and mining sectors showed improvement.

Trade Balance: Data awaited. Recent uptick in orders (+0.6% in April) suggests signs of manufacturing recovery.

๐Ÿ‡ซ๐Ÿ‡ท France
Trade Balance & Current Account: April data pending. In recent months, the current account deficit narrowed due to reduced goods imports.

Industrial Production: Will provide further insight into economic activity.

๐Ÿ‡ช๐Ÿ‡บ Eurozone
April Retail Sales: Scheduled for release. Will indicate regional consumer spending strength.

๐Ÿ‡จ๐Ÿ‡ฆ Canada
May Jobs Report: Will offer a snapshot of labor market health amid economic uncertainty.

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