EU ZEW Economic Sentiment Index (May) -9.1 vs. Exp. -20 (Prev. -20.4)
The EU ZEW Economic Sentiment Index for May came in at -9.1, which is a better print compared to the expected -20 and the previous -20.4.
Iran’s ambassador to China says Tehran views its strategic partnership with China as key to countering US pressure and advancing demands for a lasting ceasefire, IRNA reports
UK sells GBP 4bln 4.125% 2031 Gilt: b/c 3.36x (prev. 3.33x), average yield 4.651% (prev. 4.228%), tail 0.2bps (prev. 0.3bps)
EU ZEW Economic Sentiment Index (May) -9.1 vs. Exp. -20 (Prev. -20.4)
China has reportedly raised fuel surcharge for domestic flight from May 16th
US President Trump to confront Chinese President Xi at the upcoming summit over China's backing of Iran and Russia, Fox News reports
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This indicates a slight improvement in sentiment, suggesting that economic conditions may be stabilizing, which could have implications for monetary policy and risk appetite in the region.
Related headlines
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- NY Fed SCE (Aug): Inflation expectations: One-year 3.6% (prev. 3.6%), 3-year 3.2% (prev. 3.3%), 5-year 3% (prev. 3%). 12 hours ago
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