1. The number of people applying for unemployment benefits in the United States recorded 261,000 in the week ending June 3, the highest since the week ending October 30, 2021.
2. The General Office of the Ministry of Commerce issued a notice on organizing activities to promote consumption of automobiles.
stock news
1. It is reported that Tesla (TSLA.O) mobilized Chinese suppliers to go overseas and go to Mexico to replicate the “Shanghai factory”.
2. Tuya Smart (TUYA.N)’s total revenue in the first quarter was US$47.5 million, a year-on-year decrease of approximately 14.2%, and its net loss narrowed by 61.7% year-on-year to US$21 million.
3. Ctrip (TCOM.O) net operating income in the first quarter was 9.2 billion yuan, a year-on-year increase of 124%, and a month-on-month increase of 83%, exceeding the same period before the epidemic in 2019; net profit was 3.375 billion yuan, a month-on-month increase of 64.07%.
4. The Swiss parliament formally approved the establishment of an investigation committee to investigate the acquisition of Credit Suisse (CS.N) by UBS (UBS.N).
5. It is reported that Apple (AAPL.O) Vision Pro glasses clips are priced at US$300-600. Apple reportedly lowered its Vision Pro sales target to 150,000 units. Far below analysts’ expectations of 1 million units.
6. GameStop (GME.N) reported revenue of US$1.24 billion in the first quarter, lower than market expectations of US$1.34 billion.
7. Passenger Federation: Tesla (TSLA.O) sold 77,695 vehicles in China in May.
Weekly Technical Outlook – USDJPY, GBPUSD, NZDUSD
USDJPY faces minor injuries after higher US jobless rate; Powell’s testimony next on the agenda GBPUSD surprasses key obstacle as UK gets new government; monthly GDP data on the agenda NZDUSD waits…