Daily Archives: Jun 2, 2022 at 03:45 am EDT

Macro Briefing + Notes: 2 June 2022

* US job openings remain high in April as companies struggle to find workers
* Saudi Arabia says it will pump more oil if Russia’s output falls sharply
* Biden reportedly will visit Saudi Arabia as oil prices stay high
* Mortgage rates in US up sharply after easing in recent weeks
* Fed Beige Book reports ‘slight or modest’ economic growth recently
* Global manufacturing output falls for second month in May via PMI data
* Construction spending in US rises less than expected in April
* US ISM Mfg Index rose in May, signaling that moderate growth continues:

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