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China NBS Manufacturing PMI meets forecasts (50) in May

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1BoJ’s Masu says expect to continue raising rates given current accommodative financial conditions2Australian Dollar weakens to near 0.7200 as traders await US PPI inflation data 3Japanese Yen retreats from multi-month top vs USD as traders await US inflation data4PBOC sets USD/CNY reference rate at 6.7766 vs. 6.7769 previous5WTI declines despite rising US-Iran tensions threaten6BoJ to raise rates to 1.25% this month — Reuters poll7Euro steadies above 1.1600 ahead of ECB rate decision, US PPI data8Gold rebounds above $4,400 on weaker Dollar, US PPI inflation data looms9Bitcoin outperforms global assets as $83K-$86K resistance zone continues to weigh on rally

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