copper

Japan's S&P Global Manufacturing PMI eased to 54.5 in May from April's 51-month high of 55.1, with input costs and selling prices rising at rates rarely seen in over 24 years of data.

Former Fed chair Powell, now a governor, warned at a Boston ceremony that any administration able to remove Fed officials over policy differences sets a precedent every future administration will follow.

Japan Capital Spending Q1: 0.0% y/y (expected 4.0%, prior 6.5%). Flat capex in Q1 the headline data point, Disappointing.

UK businesses remain deeply downbeat on outlook despite slight mood lift in May British businesses are marginally less miserable than last month, which is about as good as it gets right now.

Australia's S&P Global Manufacturing PMI eased to 50.7 in May from 51.3 in April, with new orders falling at the steepest pace since October and selling price inflation hitting a 45-month high.

Berkshire Hathaway has agreed to acquire homebuilder Taylor Morrison for $8.5bn in cash, at $72.50 per share, a 24% premium to Friday's close, with the deal expected to close in the second half of 2026.

US Central Command has quietly guided around 70 commercial ships through the Strait of Hormuz over three weeks, averaging three daily, with vessels running dark to avoid Iranian detection.