Overnight Headliens 1st June 2026

Morning Pack – Monday 1 June 2026

Asia Markets

Index	Level	Change
Nikkei 225	66,960.58	+0.95%
Shanghai Comp	4,063.72	-0.12%
Shenzhen Comp	15,481.11	-0.60%
Hang Seng	25,402.80	+0.88%
ASX 200	8,722.90	-0.10%
Kospi	8,844.22	+4.34%
Straits Times	5,037.86	+0.98%
NZX 50	13,244.55	+0.29%

Top Headlines

• Nvidia-powered Windows laptops to debut, taking on Intel and AMD
• Berkshire Hathaway to buy Taylor Morrison in $6.8bn housing deal
• Oil jumps 2% as Israel expands Lebanon offensive, rattling ceasefire hopes
• SoftBank overtakes Toyota to become Japan’s largest company
• Powell warns Fed credibility would be lost if president could fire officials
• AI trade powers stocks to historic gains

US Close

Index	Close	Change
Dow Jones	51,032.46	+0.72%
Nasdaq	26,972.62	+0.20%
S&P 500	7,580.06	+0.22%
Russell 2000	2,919.34	-0.59%
VIX	15.32	-2.67%

US Futures

Contract	Level	Change
Dow Futures	51,132.0	+0.11%
S&P Futures	7,616.5	+0.27%
Nasdaq Futures	30,570.0	+0.54%
Russell Futures	2,928.1	+0.13%

Bonds

Treasury	Yield	Move
US 1Y	3.812%	+2.2bps
US 2Y	4.033%	+1.9bps
US 3Y	4.083%	+2.0bps
US 5Y	4.172%	+2.3bps
US 7Y	4.313%	+2.1bps
US 10Y	4.467%	+1.4bps
US 20Y	4.992%	+0.2bps
US 30Y	4.993%	UNCH

Commodities

Commodity	Price	Change
WTI Crude	$89.66	+2.63%
Brent Crude	$93.06	+2.13%
Natural Gas	$3.349	+1.79%

Currencies

Pair	Price	Change
USD/JPY	159.44	+0.11%
EUR/USD	1.1651	-0.07%
GBP/USD	1.3462	+0.02%
EUR/GBP	0.8654	-0.08%
USD/CAD	1.3804	+0.07%
USD/CNY	6.7669	+0.01%

Calendar – BST

Time	Cur.	Event	Forecast	Previous
06:30	GBP	Nationwide HPI (MoM) (May)	-0.1%	0.4%
06:30	GBP	Nationwide HPI (YoY) (May)		3.0%
06:30	EUR	German Retail Sales (MoM) (Apr)	-0.4%	-2.0%
07:55	EUR	HCOB Germany Manufacturing PMI (May)	49.9	51.4
08:00	EUR	HCOB Eurozone Manufacturing PMI (May)	51.4	52.2
08:30	GBP	S&P Global Manufacturing PMI (May)	53.7	53.7
09:00	EUR	Unemployment Rate (Apr)	6.2%	6.2%
12:30	USD	Fed Waller Speaks
13:45	USD	S&P Global Manufacturing PMI (May)	55.3	54.5
14:00	USD	Construction Spending (MoM) (Apr)	0.3%	0.6%
14:00	USD	ISM Manufacturing Employment (May)		46.2
14:00	USD	ISM Manufacturing PMI (May)	53.3	52.7
14:00	USD	ISM Manufacturing Prices (May)	85.3	84.6
15:30	USD	Atlanta Fed GDPNow (Q2)	3.8%	3.8%

Morning Take

Risk sentiment starts June firm, led again by AI and mega-cap technology. Asia was mostly higher, US futures are positive, and oil is sharply stronger as Middle East tensions keep energy risk premium elevated. Treasury yields are modestly higher, with today’s focus on manufacturing PMIs, ISM and Fed speaker Waller.