惠譽評級：霍爾木茲海峽何時重開仍存在高度不確定性，油價面臨的風險呈現明顯的雙向結果特徵。

US May nonfarm payrolls +172k vs consensus 85k. Mar–Apr payrolls revised up a combined 93k, reversing prior downgrades. Three-month employment gain is the strongest in over two years; hiring breadth widened, with both new hires and rehires contributing and payrolls surpassing the employment-growth breakeven. Market pricing: markets are now fully pricing a 25bp Fed rate hike by year-end. Market comment: the print removes the near-term case for Fed cuts; officials arguing for cuts would look out of step, and a few more prints like this could warrant multiple hikes.

美股三大股指延續跌勢，標普500指數跌幅擴大至1%，納指跌1.6%，道指跌0.3%。