Mexico Consumer Confidence s.a: 43.5 (May) vs previous 44.4

TD Securities economists expect Canada’s May employment to rise by 5k versus the market’s 10k, after an 18k loss in April, with the unemployment rate steady at 6.9%.

India’s Q1 Gross Domestic Product (GDP) data rises at a steady pace of 7.8% Year-on-Year (YoY), faster than estimates of 7.2%.

India Gross Domestic Product Quarterly (YoY) above forecasts (7.2%) in 1Q: Actual (7.8%)

Australia Private Sector Credit (YoY) dipped from previous 8.1% to 8% in April

Australia Private Sector Credit (MoM) above expectations (0.6%) in April: Actual (0.7%)

TD Securities’ Global Strategy Team highlights a bull-steepening in US rates as Oil fell and geopolitical headlines hit sentiment.

BNY’s Bob Savage notes that both retail and institutional investors bought the April weakness in US equities, but momentum has faded and exposure to energy and technology is elevated.

The Indonesian Rupiah (IDR) has dropped to a historic low, crossing the psychological threshold of 18,000 per US Dollar alongside a sharp multi-year contraction in domestic equity markets.

Danske Bank’s Danske Research Team notes that US economic growth slowed at the start of 2026 but has remained more resilient than expected despite the war in Iran.

Rabobank’s Senior Market Strategist Benjamin Picton highlights moves by Australia’s iron ore majors to counter China’s growing monopsony power in the iron ore trade.

Greece Gross Domestic Product s.a (YoY): 2% (1Q) vs previous 2.4%

Italy Retail Sales n.s.a (YoY) fell from previous 3.7% to 1.6% in April

Italy Retail Sales s.a. (MoM) came in at 0% below forecasts (0.2%) in April

Eurozone Gross Domestic Product s.a. (YoY) below forecasts (0.8%) in 1Q: Actual (0.3%)

Greece Unemployment Rate (QoQ) rose from previous 8.3% to 10.6% in 1Q

Eurozone Gross Domestic Product s.a. (QoQ) below forecasts (0.1%) in 1Q: Actual (-0.2%)

UBS' Chief Economist Paul Donovan discusses how the latest US employment report may offer a weak and unreliable signal on the labor market, with expectations for flat unemployment and sub-100,000 payrolls.

Here is what you need to know on Friday, June 5:

Francesco Pesole at ING flags that weak April Canadian labour data and a still-dovish jobs contribution to Bank of Canada policy contrast with a widening USD/CAD two-year swap spread and emerging USMCA risk premium.

Austria Gross Domestic Product (QoQ) rose from previous 0% to 0.2% in 1Q

Turkey Consumer Price Index (YoY) came in at 32.61%, above forecasts (32.5%) in May

Turkey Consumer Price Index (MoM) came in at 1.71%, above forecasts (1.6%) in May

Switzerland Foreign Currency Reserves: 711B (May) vs previous 716B

Austria Wholesale Prices n.s.a (YoY) climbed from previous 6.7% to 6.9% in May

Austria Wholesale Prices n.s.a (MoM): 0.1% (May) vs previous 1.1%

OCBC’s FX Strategist Sim Moh Siong highlights a weaker Swiss Franc as EUR/CHF drifts higher from 0.91 support, reflecting widening rate disadvantages and the SNB’s active resistance to currency strength.

France Trade Balance EUR above expectations (€-6.5B) in April: Actual (€-5.6B)

France Exports, EUR rose from previous €52.459B to €54.6B in April

France Imports, EUR: €60.2B (April) vs €59.323B