Australian Exports MoM (Apr) M/M 7.2% (Prev. -2.7%)

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[MARKET ANALYSIS] Oil futures pulled back after recent advances and as geopolitics remained the main market driver

Chinese analysts state that China market liquidity will remain stable and ample in June despite the PBoC skipping open market operations

Australian Exports MoM (Apr) M/M 7.2% (Prev. -2.7%)

USDA estimates USD 1.8bln potential impact from the outbreak, after New World screwworm was confirmed it a Texas calf, while report noted US cattle ban from Mexico pressures beef prices

PBoC open market operations were at zero for a second consecutive day

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