Breakfast Briefing | 3 July 2026 | US Jobs Miss, Rare Aussie Trade Deficit

America's labour market cooled sharply in June, and closer to home Australia posted its first trade deficit since 2018. Here's what overnight markets mean for Australian investors and borrowers.In today's Briefing:US payrolls added just 57,000 jobs in June, half the 110,000 expectedFederal Reserve officials now split on the rate path aheadUS factory orders fell 1.3% in MayChina's car industry faces a profit squeeze, pressuring steel demandAustralia's trade balance swung to a 1.7 billion Australian dollar deficitGold at USD 4,106/oz, bitcoin at USD 61,635Read today's full Briefing with all source links: https://www.interest.com.au/economy/747/us-jobs-report-weak-us-factory-orders-also-weak-worse-after-adjusting-ppi-china#BreakfastBriefing #AustralianEconomy #InterestRates #RBA #USJobs #FederalReserve #TradeDeficit #Bitcoin #GoldPrice #interestcomau