Australia May seasonally adjusted private‑sector building approvals MoM +2.8%, prior -1.0%.

Glenmede strategists Jason Pride and Michael Reynolds expect US June unemployment to remain at 4.3% and nonfarm payrolls to rise about 87k, down from May’s 172k. They say that, despite the slowdown, the labour market remains resilient amid low hiring and low layoffs. The pair note the Fed’s focus has shifted toward inflation, so the timing of any policy easing will depend more on inflationary pressure than on employment growth.

Iran foreign ministry spokesman Baghaei reiterated Tehran's stance on the Lebanon conflict, saying the US must work to end all battlefronts, especially in Lebanon, to comply with the first paragraph of the memorandum of understanding (MoU). He added the US must honor its commitments and, if necessary, compel Israel to do so, and that Iran will judge US fidelity by the text of the MoU.