Morning Bid: US check on sub-4% jobless, China imports slow

A look at the day ahead in U.S. and global markets from Mike Dolan

After a frenetic week of G7 interest rate cuts, new records for stocks, another scramble for AI and a wave of elections, world markets have frozen awaiting the U.S. employment report.

The May payrolls report comes just ahead of next week’s Federal Reserve meeting and most of the labor market updates in recent days have indicated a gradual cooling in employment.