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The United States: Households are increasingly concerned about higher unemployment ahead, which often serves as a leading indicator for the unemployment rate.
Canada: Canada’s April employment gains were well above forecasts.
The probability of a BoC June rate cut dipped below 50% following the strong employment report.
China: Net aggregate financing was negative as net government debt issuance declined.
Commodities: Iron ore prices have sharply diverged from the rise in stocks at Chinese ports.
Credit: Is rising unemployment signaling wider high-yield spreads?
Food for Thought: Record earnings in the live-music industry:
Edited by William Villacis
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