Spanish S&P Global Manufacturing PMI (May) 51.2 (Prev. 51.7)

EUROPEAN OPEN: US House bill could ban new MBG GY vehicles; EZJ LN says no Castlelake proposal yet; BAYN GY says P2 Aracog trial met primary endpoint; EQNR NO committee recommends Roth as new Chair; SFTBY pledges up to EUR 75bln for France AI clusters

Iran's Baqaei says a ceasefire in Lebanon is an integral part of any agreement and end to the war; lack of trust and constant change in US and Israeli positions in Lebanon are causing a delay on the diplomatic process

Spanish S&P Global Manufacturing PMI (May) 51.2 (Prev. 51.7)

Iran's Deputy Foreign Minister Gharibabadi says Iran's goal is not to hold ships in the Strait, but to declare a procedure that is not contrary to international law; these arrangements are not temporary and Iran will not back down

European Movers: easyJet (EZJ LN) +13.0%, Schneider Electric (SU FP) +2.9%, Universal Music Group (UMG NA) -1.7%, STOXX 600 Energy +1.4%