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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- JP Morgan maintains $6,000 gold target as 2H26 demand seen picking up pace
- investingLive Asia-Pacific FX news wrap: Rising oil, yields, war stress weigh on markets
- China April data misses badly, Iran war and weak demand weigh. Retail sales growth plunge.
- China April Retail Sales +0.2% y/y (exp 2%) & Industrial Prduction +4.1% y/y (exp 5.9%)
- Iran war economic toll deepens as global oil stocks near exhaustion
- Japan's 10-year bond yield hits 1996 high as fresh debt plans emerge. Extra budget coming
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DT beats revenue estimates with 19.4% growth, but margins dip. AI adoption is key.
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Global markets were roiled on Monday by a toxic combination of surging oil prices, rising bond yields and deepening geopolitical strains from the Iran war
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