Latest data released by Challenger, Gray, and Christmas Inc – 4 June 2020
Couple this with the record total from April, US-based employers have pretty much announced at least 1 million job cuts related to the coronavirus pandemic and the report highlights that many of these jobs lost won’t return soon, if ever.

Forex news from the European morning session – 4 June 2020
Headlines:
Markets:
– CHF leads, AUD lags on the day
– European equities lower; E-minis down 0.6%

What to expect ahead of the ECB policy decision later?
The big question for the ECB later today is whether or not they are going to take a more proactive approach in addressing the needs and nervousness in the market amid the ongoing economic fallout from the coronavirus outbreak.