The May 2026 jobs report released today showed U.S. employers added 172,000 jobs, far exceeding the 85,000 gain projected by economists. The unemployment rate held steady at 4.3% and included upward revisions for previous months—adding 93,000 more jobs to March and April than originally estimated.
Indonesia announced the full range of products to be covered by its new export regime which centralizes exports of key natural resources through a state-owned channel managed by PT Danantara Sumberdaya Indonesia (DSI). The policy, aimed at curbing under-invoicing and boosting state revenue, will cover Palm Oil (crude palm oil, refined, bleached, and deodorized palm oil, olein and palm oil mill effluents); Coal (anthracite, bituminous coal, agglomerated/non-agglomerated lignite, and peat) and Ferroalloys (ferronickel, ferro-silico-manganese, and products containing more than 2% carbon by weight).
In a transition phase which will run from 6/1 to 12/31, Indonesian exporters can continue shipping as usual but must electronically submit transaction reports to newly established DSI. On 1/1/27, the entire export process will be taken over by DSI, which will handle everything from contracts to shipping and payments.
Mozambique President Daniel Chapo signed a new mining law mandating a minimum (free-carried and non-dilutable) 15% state ownership by the National Mining Company in all mining projects across the value chain and prohibiting export of unprocessed or semi‑processed minerals unless companies receive specific ministerial authorization tied to approved plans for eventual local beneficiation. A June 3 government notice said the law will reinforce Mozambique’s management of its mineral wealth “in defense of the national interest.”
Euro Stoxx 50 +0.25%, S&P futures -0.45% and Nasdaq futures -1.0%. DXY dollar index -0.2%, spot gold little changed and spot silver -1.4%.Did you know Wealthion offers a variety of services from free portfolio reviews to potential access to private placement investing in the real assets space? Become a Wealthion member and you'll also get exclusive videos, articles and market commentary on the sector for free! Join our Wealthion Community now by clicking below.