🌅 Morning Update | 06.06.2025
📈 Markets on the Move
US index futures are ticking higher this morning:
• 🟢 US500 & US100 up by 0.5–0.6%
Yesterday, the US500 briefly crossed the 6,000 mark before retreating.
🇪🇺 European futures also suggest a modestly positive open.
📊 Key Data Watch
🔜 All eyes on the US Non-Farm Payrolls at 12:30 GMT
🛍️ Ahead of that, revised Eurozone retail sales out at 09:00 GMT
💰 Precious Metals Rally
• 🥈 Silver +0.8%, hits $36 – highest in 13 years
• 🪙 Platinum leads, up 1.5%
• 🪙 Gold adds 0.4%, now at $3,363
🛢️ Energy Mix
• 🚫 Oil sees mild losses
• 🔺 Natural Gas climbs 1.2% to $3.70/MMBtu
₿ Crypto Sentiment Mixed
• Bitcoin at $103,000, down nearly 10% from its ATH
• 🐶 Memecoins show slightly more optimism
🏭 Germany Industrial Output
• 📉 -1.8% YoY (vs. forecast: -1.4%)
• 📉 -1.4% MoM (vs. forecast: -1%)
A sharp reversal from last month’s surprising +3% gain
📍 Stay tuned for market reactions to the NFP shocker 👀
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