Insights 
Unit labour costs rose 5.7% while productivity fell 0.8%, signaling potential inflationary pressures ahead.
Mexico’s annual inflation hit 3.93% in April, slightly surpassing expectations and reflecting regional economic trends.
Market focus shifts to jobless claims, Q1 productivity, and wholesale inventories amid rising metal imports.
Mexico’s inflation slightly surpassed forecasts; US dollar strength impacted currencies, gold declined, while XRP gained momentum.
EU seeks balanced trade solution with US, considers export restrictions, and plans WTO dispute over tariffs.
GBP/JPY rises near 193.00 as BoE cuts rates; Pound strengthens despite divided policy outlook.
Canadian Dollar dips 0.3% amid strong USD, widened yield spread, trades near 1.39 fair value range.
Trump called Fed Chair Powell a “fool”, claiming inflation is low despite Powell’s continued leadership until 2026.
GBP/USD erased earlier gains amid policy divergence and US Dollar strength, trading below key 1.3300 support.
UK offers agriculture import concessions to US in exchange for lower auto tariffs, despite regulatory challenges.
