Korea (Republic of) PPI YoY (May) Y/Y 8.5% (Prev. 6.9%, Rev. 7.2%)

Ukraine President Zelensky calls for fast-tracking EU membership for Ukraine, says Europe's future is being decided on the battlefield, and its security depends on financial guarantees for Ukraine's army from the EU and coalition of the willing

Israel's Ambassador to the US says we will maintain the ceasefire if Hezbollah does not violate the agreement, and will reserve the right to respond, adds will respond to any attack and force any threat that is detected

Korea (Republic of) PPI YoY (May) Y/Y 8.5% (Prev. 6.9%, Rev. 7.2%)

Citigroup's base case is that under an Iran-US memorandum of understanding, financial flows will continue to normalise and oil prices will decline over the next 6-12 months, to between USD 60-65/bbl before Q1 2027

EU approves extension of Russian sanctions for 12 months