SpaceX bars China, Hong Kong investors from $75 billion IPO
Why it matters: The restriction reflects US export-control concerns around sensitive technology and narrows a major source of demand.
#Goldman Sachs
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US May payrolls seen slowing to 80,000 as layoffs pick up
Why it matters: A weak reading could sharpen bets on Fed rate cuts as economists see unemployment holding at 4.3%.
Bloomberg, CNBC
China lets some banks pay above SOFR on corporate US dollar deposits
Why it matters: Higher yields could slow companies' yuan conversions and help cap the renminbi's 3% rise this year.