Macro Briefing: 6 June 2019

Trump: more progress needed to avert new tariffs on Mexico: BBC
US plans arms package for Taiwain despite China’s protests: Bloomberg
Fed’s Beige Book: US economy expanded at ‘moderate pace’: MW
German factory orders rose more than expected in April: Bloomberg
Are markets overpricing the odds of a Fed rate cut? CNBC
Oil prices slide on weaker economic outlook: NY Times
Global growth slowed to 3-year low in May: IHS Markit
US ISM Non-Mfg Index rose more than expected in May: CNBC
US Services PMI for May reflects slowest growth since 2016: IHS Markit
US private employment growth slowed sharply in May: ADP