• Private payrolls grew by 122,000 in May, exceeding consensus estimate of 110,000 and April's revised 101,000
• Job gains were broad-based across 8 of 10 sectors, led by education/health (+57,000) and trade/transport/utilities (+36,000)
• Annual pay growth for job-stayers steady at 4.4%, while job-switchers saw pay growth edge down to 6.5%

• ECB Member Piero Cipollone reaffirms commitment to cash alongside digital euro, aligning both under legal tender status
• Agreements signed with European standard-setters to establish open, euro-area-wide payment standards for digital euro
• Digital euro pilot selection to be announced in July 2026, with pilot launch expected in H2 2027

• ECB calls for €1.2T/year investment in green, digital and defense transitions through 2031
• AI-driven cyber threats (e.g., fake identities for loan fraud) and ransomware attacks pose severe operational risks
• DORA regulation now mandates continuous IT/cyber risk management for EU banks
• Cyberattacks on banks rose significantly in recent years, though no systemic bank failures yet reported

• Taxonomy v1.3.1 replaces v1.3.0 for end-May 2026 data due mid-June 2026
• Non-backward compatible; v1.3.0 instance docs will be rejected post-update
• Statistical Utility tool discontinued; firms must switch to alternative XBRL solutions

• Iran's economic incentive to settle the conflict drives optimism for a resolution
• China's oil demand is falling by 9% or 1.5 mbd, reducing global demand
• The world is awash in oil, with increased production from Saudi Arabia, UAE, Venezuela, Brazil, and Guyana

• U.S. working natural gas storage capacity in the Lower 48 increased slightly in 2025
• Growth was concentrated in the South Central and Mountain regions
• Both demonstrated peak capacity and working gas design capacity rose in 2025