ECB's Simkus says consumer short-term inflation expectations are similar to 2022; important to react in a timely manner to inflation

EU Inflation Rate YoY Flash (May) Y/Y 3.2% vs. Exp. 3.2% (Prev. 3%, Low. 3%, High. 3.5%); Services 3.5% (prev. 3.00%)

Chinese Foreign Minister Wang Yi says China hopes for sound atmosphere to boost China-UK ties and deepen cooperation, Xinhua reports

ECB's Simkus says consumer short-term inflation expectations are similar to 2022; important to react in a timely manner to inflation

UAE's ADNOC executive says China’s demand is starting to come back, and "teapot" refineries are showing appetite

Suzuki Motor (7269 JT) to suspend operations of all five plants in Shizuoka prefecture on Wednesday, 3rd June due to Typhoon risks