March 2017 US leading index 0.4% vs 0.2% exp m/m

Brent crude dips below $80 as US may allow Iran oil sales. Deal details emerge, impacting energy markets.

China's financial regulator pledged to prevent systemic risks, resolve real estate and local government debt exposures, and crack down on illegal activity and disorderly competition in the financial sector.

Singapore's non-oil domestic exports surged 38.4% in May (expected +31.1%. prior +24.5%) the largest annual rise in 20 years, driven by AI-related electronics demand, though a proposed US 12.5% tariff threatens a third of direct US shipments.

Japan April core machinery orders surge, exports beat also

PBOC is expected to set the USD/CNY reference rate at 6.7659 – Reuters estimate

The ECB raised its key rate 25bp to 2.25% and revised up its 2026 inflation forecast to 3.0%, with BNP Paribas expecting one further hike in September before rates plateau through 2027.

G7 leaders meeting in France are considering higher tariffs on Chinese imports as Beijing's record $1.2 trillion trade surplus redirects export pressure toward Europe, the AP reported.