[MARKET UPDATE] Brief risk-on move following the Axios report, with US equity futures paring back its earlier losses while the DXY extends on session lows; however, crude futures failed to react and the majority of the move has pared back since

PBoC sets USD/CNY mid-point at 6.8579 vs exp. 6.8282 (prev. 6.8674)

PRE-MARKET CHINESE STOCK NEWS: CITIC posts positive Q1 earnings, Li Auto targets Miidle East, Sinopharm net falls Y/Y

[MARKET UPDATE] Brief risk-on move following the Axios report, with US equity futures paring back its earlier losses while the DXY extends on session lows; however, crude futures failed to react and the majority of the move has pared back since

BoJ Deputy Governor Uchida to join policy meeting by phone due to health reasons

Iran gave the US a new proposal through Pakistani mediators for reaching a deal on reopening the Strait of Hormuz and ending the war however postponing nuclear talks, Axios reports citing sources