⚠️REMINDER:

*U.S. STOCK MARKETS ARE CLOSED WEDNESDAY FOR THE JUNETEENTH HOLIDAY

🇺🇸 NAHB Housing Market Index
Actual: 43
Expected: 45
Previous: 45

🇦🇺AUD: 0.16%
🇨🇭CHF: -0.01%
🇬🇧GBP: 0.14%
🇨🇦CAD: -0.09%
🇳🇿NZD: -0.11%
🇯🇵JPY: 0.03%
🇪🇺EUR: 0.05%

Oil - US Crude: -0.01%
Gold: -0.06%
Silver: 0.37%

France 40: 0.24%
Germany 40: 0.23%
FTSE 100: 0.17%
US 500: 0.15%
Wall Street: 0.08%

🇨🇭 Balance of Trade (May)
Actual: CHF4.1B
Previous: CHF3.8B

Country’s second most primary values (1st is family):

🇦🇱 Albania: Work
🇦🇩 Andorra: Leisure
🇦🇷 Argentina: Work
🇦🇲 Armenia: Work
🇦🇺 Australia: Friends
🇦🇹 Austria: Friends
🇦🇿 Azerbaijan: Work
🇧🇩 Bangladesh: Religion
🇧🇾 Belarus: Work
🇧🇴 Bolivia: Work
🇧🇦 Bosnia and Herzegovina: Work
🇧🇷 Brazil: Work
🇧🇬 Bulgaria: Work
🇨🇦 Canada: Leisure
🇨🇱 Chile: Leisure
🇨🇳 China: Work
🇨🇴 Colombia: Work
🇭🇷 Croatia: Work
🇨🇾 Cyprus: Friends
🇨🇿 Czech Republic: Friends
🇩🇰 Denmark: Friends
🇪🇨 Ecuador: Work
🇪🇬 Egypt: Religion
🇪🇪 Estonia: Friends
🇪🇹 Ethiopia: Religion
🇫🇮 Finland: Leisure
🇫🇷 France: Work
🇬🇪 Georgia: Work
🇩🇪 Germany: Friends
🇬🇭 Ghana: Work
🇬🇷 Greece: Work
🇬🇹 Guatemala: Work
🇭🇹 Haiti: Work
🇭🇰 Hong Kong: Friends
🇭🇺 Hungary: Friends
🇮🇸 Iceland: Friends
🇮🇳 India: Work
🇮🇩 Indonesia: Religion
🇮🇷 Iran: Work
🇮🇶 Iraq: Religion
🇮🇹 Italy: Work
🇯🇵 Japan: Leisure
🇯🇴 Jordan: Religion
🇰🇿 Kazakhstan: Work
🇰🇼 Kuwait: Religion
🇰🇬 Kyrgyzstan: Friends
🇱🇧 Lebanon: Work
🇱🇾 Libya: Religion
🇱🇹 Lithuania: Work
🇲🇴 Macao: Friends
🇲🇾 Malaysia: Religion
🇲🇽 Mexico: Work
🇲🇪 Montenegro: Work
🇲🇦 Morocco: Religion
🇲🇲 Myanmar: Religion
🇳🇱 Netherlands: Friends
🇳🇿 New Zealand: Friends
🇳🇮 Nicaragua: Work
🇳🇬 Nigeria: Religion
🇲🇰 North Macedonia: Work
🇳🇴 Norway: Friends
🇵🇰 Pakistan: Religion
🇵🇪 Peru: Work
🇵🇭 Philippines: Work
🇵🇱 Poland: Work
🇵🇹 Portugal: Work
🇵🇷 Puerto Rico: Work
🇶🇦 Qatar: Religion
🇷🇴 Romania: Work
🇷🇺 Russia: Friends
🇷🇼 Rwanda: Friends
🇷🇸 Serbia: Friends
🇸🇬 Singapore: Friends
🇸🇰 Slovakia: Work
🇸🇮 Slovenia: Work
🇿🇦 South Africa: Work
🇰🇷 South Korea: Friends
🇪🇸 Spain: Work
🇸🇪 Sweden: Friends
🇨🇭 Switzerland: Friends
🇹🇼 Taiwan: Work
🇹🇯 Tajikistan: Religion
🇹🇭 Thailand: Work
🇹🇹 Trinidad and Tobago: Religion
🇹🇳 Tunisia: Religion
🇹🇷 Turkey: Friends
🇺🇦 Ukraine: Work
🇬🇧 United Kingdom: Friends
🇺🇸 United States: Friends
🇺🇾 Uruguay: Work
🇺🇿 Uzbekistan: Work
🇻🇳 Vietnam: Work
🇾🇪 Yemen: Religion
🇿🇼 Zimbabwe: Work

Note: family was deemed most important in all countries (except Indonesia, where religion was most important).

According to World Values Survey

🇳🇴 Norges Bank Interest Rate Decision
Actual: 4.5%
Expected: 4.5%
Previous: 4.5%

Countries to achieve $1 trillion GDP:

1969: 🇺🇸 USA
1978: 🇯🇵 Japan
1986: 🇩🇪 Germany
1988: 🇫🇷 France
1990: 🇮🇹 Italy, 🇬🇧 UK
1998: 🇨🇳 China
2004: 🇨🇦 Canada, 🇪🇸 Spain
2006: 🇰🇷 South Korea, 🇧🇷 Brazil
2007: 🇮🇳 India, 🇲🇽 Mexico, 🇷🇺 Russia
2008: 🇦🇺 Australia
2017: 🇮🇩 Indonesia
2021: 🇳🇱 Netherlands
2022: 🇸🇦 Saudi Arabia
2023: 🇹🇷 Turkey
World of Statistics 📊

France 40: 0.87%
Germany 40: 0.65%
FTSE 100: 0.26%
US 500: 0.26%
Wall Street: 0.22%

Household debt as share of GDP.

🇨🇦 Canada: 103%
🇬🇧 UK: 80%
🇺🇸 US: 73%
🇫🇷 France: 63%
🇨🇳 China: 62%
🇩🇪 Germany: 52%
🇪🇸 Spain: 48%
🇮🇹 Italy: 39%
🇮🇳 India: 37%
🇿🇦 South Africa: 34%
🇧🇷 Brazil: 34%
🇸🇦 Saudi: 32%
🇷🇺 Russia: 22%
🇮🇩 Indonesia: 16%
🇲🇽 Mexico: 16%
🇹🇷 Turkey: 11%
The world ranking

🇬🇧 Official Bank Rate
Actual: 5.25%
Expected: 5.25%
Previous: 5.25%

⚠️BREAKING:

*US UNEMPLOYMENT CLAIMS AT 238K; EST. 235K; PREV. 242K

*US BUILDING PERMITS AT 1.39M; EST. 1.45M; PREV. 1.43M

*US PHILLY FED MANUFACTURING INDEX AT 1.3; EST. 4.8; PREV. 4.5

🇺🇸🇺🇸

🇨🇦 New Housing Price Index YoY (May)
Actual: 0%
Previous: -0.1%

⚠️BREAKING:

*NVIDIA SHARES JUMP 3% IN PREMARKET TO REACH NEW ALL-TIME HIGH

$NVDA

🇺🇸 Crude Oil Inventories
Actual: -2.5M
Expected: -2.8M
Previous: 3.7M

🇦🇺AUD: -0.19%
🇨🇭CHF: 0.76%
🇬🇧GBP: -0.36%
🇨🇦CAD: -0.06%
🇳🇿NZD: -0.23%
🇯🇵JPY: 0.47%
🇪🇺EUR: -0.29%

Oil - US Crude: 0.47%
Gold: 1.14%
Silver: 2.95%

China warns of 'trade war' if EU continues to escalate trade frictions EU launched five new anti-dumping investigations against China in May. That was seen totaling to roughly $1.71 billion. And they are following that up with proposed tariffs on Chinese electric cars. If China were to retaliate, the likes of Germany would be the most at risk given their exposure to trade with China.