1. Service PMI Numbers We will focus on a report on activity in the service sector today. German Service PMI will be announced and it is expected to rise to 31.4 from 16.2in the previous number while Eurozone Service PMI is expected to be 28.7 A better than ex...
PENTAGON: WE DO NOT FAVOR CALLING THE ARMY TO FACE CIVILIAN ACTION AND OUR RESPONSIBILITY IS TO PROTECT LIVES AND PROPERTY
We are preparing a decision for Cabinet tomorrow The aim is to lift travel warning for EU and some other countries Will meet with neighboring/transit countries before 15 June to discuss principles Want to replace travel warnings with travel guidelines
Russia reportedly still hasn't decided on its position on OPEC+ cuts
Russian oil output falls to 9.39 million bpd in May, close to OPEC+ goal
Repeats that Hong Kong is its internal affair
US May ISM manufacturing index 43.1 vs 43.7 expected
Actual: 39.8 Expected: 39.8 Previous: 36.1
Russian should not be readmitted to G7 unless it ceases to aggressive and destabilizing activity We will not hesitate to reimpose local lockdowns if needed If public follows social distancing guidelines than R-number unlikely to rise above one Violence in US over rec...
Russia says that OPEC+ talks are ongoing, no need to get ahead of ourselves Putin has no plans yet to meet with Russian oil companies Putin is in constant contact with energy minister Novak
OPEC and Russia is said to be moving closer to an agreement on extension of oil production cuts, looking at 1-2 months
UK May final manufacturing PMI 40.7 vs 40.6 prelim
China is said to halt some US soy imports as tensions rise
China halts some US farm imports
Eurozone May final manufacturing PMI 39.4 vs 39.5 prelim
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