Geopolitics & Aviation Industry - US preparing Qatari jet to be used as Trump's official aircraft [1]

Factory Orders & Durable Goods - Factory orders for May increased by 82%, a significant surge [1] - The prior month's figure was revised from -37% to -39% [2] - Excluding transportation, factory orders increased by 210%, indicating aircraft orders significantly contributed to the overall growth [2] - Durable goods orders remained at 164%, primarily due to aircraft orders [3] - Core capital goods orders (non-defense excluding aircraft) increased by 17%, the second-highest number of the year [3] - Shipments versus orders decreased slightly from 05% to 04% [3] ISM Services - The ISM Services headline figure was 508%, the highest since April's 516% [4] - Prices paid decreased to 675%, the lowest since April's 651%, but still a substantial figure compared to previous months [4] - New orders rose to 513%, indicating a return to expansion [5] - Employment within the ISM Services sector contracted, falling from 507% to 472%, comparable to March's 462% [5] Market Reaction & Outlook - Yields and equities are up, reflecting a positive market response to the economic data [6] - The upcoming week will be dynamic due to Treasury supply events (3s, 10s, and 30s) [6]