Up (marginally) at the off
The broad risk on sentiment remains, but nothing to get excited about.
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European equity markets open
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- PBOC sets USD/ CNY mid-point today at 6.8349 (vs. estimate at 6.7955)
- Japan flash PMI slips to five-month low in May as selling prices hit record high
- KOSPI sidecar triggered as futures surge 5% on Wall Street rally and Samsung wage deal
- PBOC is expected to set the USD/CNY reference rate at 6.7955 – Reuters estimate
- Japan data shows a massive trade surplus beat in April as exports rocket
- South Korea to extend fuel tax break until end-July
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