German enginering orders (Feb-Apr) +5% Y/Y (domestic orders -2%, foreign orders +9%); Engineering orders (Apr) 0% Y/Y (domestic orders -7%, foreign orders +4%)

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Nikkei reports that the BoJ is continuing to call for a June hike, though the government is opting for a "wait-and-see" approach given the risks of risking inflation and a weaker JPY

ECB President Lagarde urges Europe to unify capital and banking markets to strengthen the EUR’s international role

German enginering orders (Feb-Apr) +5% Y/Y (domestic orders -2%, foreign orders +9%); Engineering orders (Apr) 0% Y/Y (domestic orders -7%, foreign orders +4%)

Iranian IRGC spokesman says "We are prepared for all possible scenarios", Fars reports

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