Tuesday: US manufacturing hit by tariff uncertainty

Tariff uncertainty weighs on US manufacturing, with export and import activity at multi-year lows in May. Oil jumps over 3% on geopolitical risk; Australia’s housing market bounces back in May, while job-ads fall. Asian economies start showing diverging trade activity.

In in the first of two Deep Dive interviews into Australia’s Agri commodity outlook, ANZ Commercial’s Head of Agri Business Mark Bennett looks at how Australia’s cattle farmers have been affected by different weather across the country.

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