US ADP employment change for the week to June 6 due in 10 minutes.

Sources say the Trump administration will provide $17.5 billion to finance Westinghouse Electric equipment orders for large nuclear reactors. The funds will be allocated to seven unnamed utilities that have signed DOE loan intent letters. The administration views large reactors as critical power for data centers and economic growth and issued an executive order last year aiming for 10 large conventional reactors under construction in the US by 2030. Large conventional reactor builds have largely stalled: only three such plants have been completed since 2000 and none are currently under construction.

PBOC conducted CNY 524.5 billion of 7‑day reverse repos today; CNY 449.5 billion matured, leaving a net injection of CNY 75 billion.