ECB expected to cut interest rates this week without committing to further cuts! What are the risks of excessive rate cuts?

On June 4, market analyst Piero Cingari stated that the European Central Bank is expected to cut interest rates by 25 basis points at its meeting on June 6, but recent comments by ECB officials suggest that the ECB will not commit to further rate cuts after June. If the ECB cuts rates sharply while the Fed maintains relatively high interest rates for a prolonged period, this will bring significant downward pressure on the euro against the dollar.

FX678 Finance21:17 ET

Singapore PMI Signals More Private-Sector Expansion -- Market Talk

Singapore's private-sector expansion accelerated midway into 2Q, the latest S&P PMI data signals.

WSJ20:49 ET

What does it mean for the market that traders expect the European Central Bank to adopt a "hawkish" interest rate cut policy?

The European Central Bank is expected to become the first major developed economy central bank to cut rates on Thursday since the end of the COVID-19 pandemic.

Zhitong Finance18:00 ET

ECB Cuts Pave the Way to Higher Term Risk Premia

Historically, before QE, higher policy rates have corresponded to lower term premia and incoming rate cuts would therefore be conducive to higher premia. Going forward, QT should have a large enough impact to revive the term risk premium back to positive territory.

FXStreetJun 4 08:20 ET

German Unemployment Set to Tick Up Further Until Summer -- Market Talk

German unemployment numbers rose more than expected in May, a sign of the weakest labor-market spring revival since the 2008 financial crisis, HSBC economist Anja Sabine Heimann says in a note.

WSJJun 4 07:46 ET

Spanish Unemployment Levels Fall in May

The number of individuals registered as unemployed in Spain declined by 58,700 in May, against the 60,500 decrease in April, according to government data published Tuesday.

MT NewswiresJun 4 03:16 ET