Axios reports that anticipated US-Iran MOU calls for the immediate restoration of navigation through the Strait of Hormuz with no charges on vessel passage, and Iran will commit under memorandum of understanding to not seek possession of a nuclear weapon

ECB's Dolenc says rate hike is just enough for now to follow the baseline, had a robust set of data to make a decision

Chinese investors rush to open Hong Kong bank accounts amid Beijing crackdown, according to FT

Axios reports that anticipated US-Iran MOU calls for the immediate restoration of navigation through the Strait of Hormuz with no charges on vessel passage, and Iran will commit under memorandum of understanding to not seek possession of a nuclear weapon

PRE-MARKET INDIAN STOCKS NEWS: Vedanta (VEDL IS) subsidiaries Vedanta Oil and Gas, Vedanta Power, Vedanta Aluminium Metal, and Vedanta Iron and Steel will list on June 15

India is willing to let fiscal gap widen to as much as 4.8% of GDP from a previous 4.3%, according to Bloomberg