EU Employment Change YoY Prel (Q1) Y/Y 0.5% (Prev. 0.7%)
The preliminary year-over-year employment change in the EU showed a decrease from 0.7% to 0.5%.
The US White House has reportedly not ruled out potential Chinese direct investment in the US, Semafor reports
A group of bipartisan US senators is writing to Secretary of State Rubio to pledge their support for the Taiwan Relations Act, Semafor reports; Twelve senators signed the letter
EU Employment Change YoY Prel (Q1) Y/Y 0.5% (Prev. 0.7%)
Delivery Hero (DHER GY) said to have started the process to sell its Korean unit
[CALENDAR ADDITION] OPEC MOMR to be released at 13:00 BST/ 08:00 EDT
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This miss relative to the prior figure could indicate a slowing labor market, which may have implications for future economic growth and potentially influence monetary policy in the region, particularly as the ECB assesses the balance between growth and inflation. Traders might want to monitor response across FX markets as the data unfolds.
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