A senior Israeli defence official warns Iran conflict could become recurring annual war unless regime falls, Ynet reports

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EUROPEAN OPEN: NVDA lower after earnings; SSNLF reaches tentative deal with union; EZJ LN posts wider H1 loss, flags headwinds; G IM Q1 net profit beats expectations; UBI FP delays profitability targets after wider loss

China's MOFCOM says the EU is using overcapacity as an excuse to concoct new trade tools against China

A senior Israeli defence official warns Iran conflict could become recurring annual war unless regime falls, Ynet reports

European Movers: Convatec (CTEC LN) +1.8%, Generali (G IM) +1.7%, ASML (ASML NA) -0.9%, easyJet (EZJ LN) -1.6%, BT Group (BT/A LN) -2.8%, Ubisoft (UBI FP) -5.0%

China raises gas and diesel prices by CNY 75 and CNY 70 per ton, respectively, from May 22nd

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