The pace of hiring in the US accelerated in June, with the largest increase in employment in 10 months, suggesting that companies have achieved greater success in recruiting staff to keep up with expanded economic activity. Non-farm payrolls rose 850000 month-on-month, driven by strong job growth in the leisure and hospitality industries, according to data released by the Labor Department on Friday. The number of new non-farm payrolls was revised up to 583000 in May. The unemployment rate rose slightly to 5.9 per cent, as more people left voluntarily and the number of job seekers rose. 

The US trade deficit widened to the second highest on record in May as imports grew faster than exports. The trade deficit in goods and services rose 3.1% to $71.2 billion in May and revised to $69.1 billion in April, according to data released by the Ministry of Commerce on Friday. Economists surveyed by Bloomberg had a median forecast for the deficit of $71.3 billion. Exports rose 0.6 per cent to $206 billion and imports rose 1.3 per cent to $277.3 billion. While the overseas economic recovery is increasing demand for American goods and services, consumers who stayed in the United States during the COVID-19 epidemic were buying more goods, bringing the country's purchases and imports to record highs. Logistics bottlenecks caused by the outbreak have also caused global supply chains to be out of sync, resulting in port delays, shortages of pallets and containers, and record freight rates.

The OPEC+ failed to break the deadlock within the organisation for the second night in a row, increasing the risk that its failure to act could lead to a surge in oil prices and stimulate inflation. No agreement was reached at Friday's ministerial meeting because the United Arab Emirates still blocked the passage of proposals to increase supply. The negotiations will continue next Monday. Failure to agree on an increase in production would squeeze an already tight market and could lead to a sharp rise in oil prices. Delegates said that while most OPEC + members supported the proposal to increase production by 400000 b / d a month between August and December-while extending the broader supply agreement-the UAE remained firmly opposed. Oil prices have risen by about 50% this year, as the recovery of demand after COVID-19 's epidemic outpaced that of OPEC+ after a sharp cut in production last year. 

"Today, I think we are in a balance of risk, which is basically balanced in terms of our benchmark forecasts," said Christine Lagarde, president of the European Central Bank. 

Rapid vaccination is critical because "the rapid spread of delta mutants brings uncertainties that will affect the risk balance."

Isabel Schnabel, a member of the ECB's executive committee, said in a speech on Saturday that there was "growing evidence" that inflation expectations were gradually re-aligning the ECB's definition of price stability. "if monetary policy is to continue, it needs to be expansionary so as not to hinder the initial recovery", "patience may cause inflation to be slightly higher than our target for some time", "this is the necessary and proportionate requirement to avoid low inflation" and "many of the factors that have contributed to the rise in inflation this year are likely to subside in 2022". 

According to an interview published by the Associated Press on Friday, San Francisco Fed President Mary Daly said in an interview earlier this week that "it is appropriate to consider scaling back asset purchases later this year or early next year." "I really think the economy is starting to operate more and more on its own, which means we can withdraw a little bit of our easing. Of course not most of them. Because we are not close to our goal of full employment.

Tesla's global car delivery reached a record high of 201250 in the second quarter. The company did not disclose specific regional sales, but the Chinese market appears to be in good shape. Most of the models sold in the second quarter are Model 3 sedans and Model Y crossovers produced in Shanghai and Fremont, California. The Model S sedan and the Model X sport utility vehicle (SUV) are manufactured only in Fremont. "our team has done an excellent job in dealing with global supply chain and logistics challenges," Tesla said in a statement released on Friday. Quarterly delivery is one of Tesla's most concerned indicators. On the one hand, this is a pillar of the company's financial performance, and on the other hand, Intezra's leading position in the electric car market, the indicator is also widely seen as a wind vane to measure consumer demand for electric vehicles. According to a previous Bloomberg survey, analysts expected Tesla to deliver 204160 vehicles. The company says its calculations are slightly conservative and the final figure may differ by 0.5% or more.

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