US Conference Board Employment Trends Index (ETI) 105.37 (prev. 105.06, rev. 105.18)
The slight increase in the US Conference Board Employment Trends Index (ETI) suggests a modest improvement in employment indicators, though the upward revision of the previous month's figure adds some credibility to this trend.
Germany's Steel Association says against the general backdrop and given specific Middle Eastern uncertainties, decisive industrial policy measures must now be taken to stabilise energy prices
France's Finance Minister Lescure says strategic oil reserves are ready to use to stabilise oil market; G7 not there yet on releasing oil stockpiles
US Conference Board Employment Trends Index (ETI) 105.37 (prev. 105.06, rev. 105.18)
Japan Finance Minister Katayama says G7 Finance Ministers would push relevant ministers to release emergency oil reserves; agreed that we will closely monitor energy markets and take necessary action
A high ranking Iranian official claimed to Al Mayadeen that Trump is working, through mediators, to create a connection between Iran and the US in order to end the war, but is trying to claim otherwise, via Kan News; Iran not willing to accept any message
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If this data supports broader employment strength, it could have implications for growth outlooks and Fed policy, particularly in how they weigh labor market conditions against inflation.
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