Headlines discussed at LNWM’s Monday morning briefing:

— U.S. job growth rebounded in May with 280,000 jobs added, following two months of weakness.

— The Federal Reserve’s 12 district banks have “generally optimistic” outlooks for their regions.

— Japanese business spending rose 7.3% Jan. – March 2015, marking the eighth straight quarterly gain.

— The European Central Bank said it’s committed to its monetary stimulus program, despite rising rates.

— Greece postponed this week’s payment to the IMF until end of June, gaining some breathing room.

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