RBA's Assistant Governor Hunter says the board is concerned about inflation and has low tolerance, adds the board may have to raise rates if there is a sense inflation will be stronger

European Commission signalled greater willingness to consider large corporate mergers, with top competition official Whelan noting that deals which help companies scale up and innovate will get a closer hearing, according to FT

Canada's retaliatory tariffs against US goods take effect, as scheduled

RBA's Assistant Governor Hunter says the board is concerned about inflation and has low tolerance, adds the board may have to raise rates if there is a sense inflation will be stronger

Japan sells JPY 1.9tln 5-year JGBs; b/c 3.42x (prev. 4.15x), average yield 2.239% (prev. 2.020%)

PRE-MARKET INDIAN STOCKS NEWS: Adani Power (ADANI IS) received a Letter of Intent to acquire GVK Energy