Trump with his troof:
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Trump says hopes China will quickly x4 it orders for soybeans (quadruple)
- Says such an increase in orders would be a way China could trim its trade surplus (OK, he said deficit, but we know what he means)
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- China to scrap SME loan targets in shift toward market-driven credit, report says
- PBOC is expected to set the USD/CNY reference rate at 6.8072 – Reuters estimate
- More from Fed's Paulson, says risks are super-elevated and hike on table if growth surges
- Japan manufacturers' mood edges up in May but outlook darkens, Tankan shows
- Paulson says current Fed policy appropriate but markets right to price in hikes
- ECB's Nagel says bank may have to act in June as Iran energy shock spreads
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