Markit US PMIs coming up next

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.

New Zealand Q1 current account deficit narrows sharply on quarterly basis

Uber & Lyft's AI pricing sparks debate. Same rides, 29 price variations raise profit questions.