United States ADP Employment Change came in at 122K, above forecasts (117K) in May

Jun 3, 2026

Reserve Bank of Australia: Growth slowdown supports hold – UOB

UOB economist Lee Sue Ann notes that softer Australian Gross Domestic Product (GDP), easing inflation and a cooling labour market have reduced pressure on the Reserve Bank of Australia (RBA) to tighten further.

Canada: Recession concerns and USMCA talks – Rabobank

Rabobank strategist Molly Schwartz notes that Canada has entered a technical recession, with Gross Domestic Product (GDP) contracting for two consecutive quarters and missing expectations.