Macro Briefing: 5 June 2019

Senate Republicans push back on Trump’s plans for tariffs on Mexico: NY Times
Mexican officials to meet with VP Pence today for tariffs talk: Reuters
Trump: there’s ‘always a chance’ of military action against Iran: CNBC
Fed’s Powell is open to rate cuts if warranted: WSJ
World Bank cuts forecast for global growth in 2019: WB
US auto sales rebounded in May: Yahoo Finance
US factory orders’ 1yr trend was subdued in April at +1.0%:

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