China coking coal 2609 futures strengthened intraday, up 5.39% to 1,446 yuan/ton; turnover exceeded CNY111.0 bln. Open interest rose 89,700 contracts intraday, a marked change in positions.

ADP reported May private payrolls rose by the largest monthly gain since Jan 2025, indicating the labor market may be accelerating despite higher energy costs linked to the Iran war. The data support a view of gradually improving labor conditions—vacancies rising and layoffs remaining low—and, if confirmed by official government employment reports, could shift odds toward Fed hikes rather than cuts in coming months.

European Commission announces measures to support EU cloud service providers, semiconductor manufacturers and AI companies.