First Squawk
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France warns that bond market trends indicate significant uncertainty surrounding the economic outlook.
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U.K. Home Price Rise in May Reaches 10-Year High, Rightmove Says-WSJ
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CITI WEALTH WARNS MARKETS MAY BE 'UNCOMFORTABLY STRONG' AMID MOUNTING GEOPOLITICAL, INFLATION RISKS-CNBC
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ITV News reports Manchester Mayor Andy Burnham signaled ambition for higher political leadership, saying he would “take that fight as high as I can.”
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Russia carried out a large-scale overnight attack with 524 drones and 22 missiles, according to Ukraine’s Air Force.
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Japan’s 30-year government bond yield rises 9.0 basis points to 4.090%.
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Japan’s 20-year government bond yield rises 8.0 basis points to 3.720%.
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ECB’s Lagarde says she is always concerned about bond market turmoil, noting it is part of her job.
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Ryanair has hedged 80% of its FY27 jet fuel needs at $668/metric tonne.
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Ryanair states that Europe continues to be well supplied with jet fuel.
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BASF SE reports it now holds 25.49% of Harbour Energy PLC, compared with 34.98% earlier, a regulatory filing shows.
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Japan’s 30-year government bond yield rises 10 basis points to 4.1%.
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U.S. Treasurys Seen as ‘Poor Diversifier’ for Months-WSJ
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The UK Deputy Prime Minister says Starmer is not expected to outline when he might leave office.
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According to EU official Dombrovskis, G7 discussions will include the ongoing wars in Ukraine and Iran.
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The EU’s Dombrovskis stresses the need to reopen the Strait of Hormuz without delay.
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The EU’s Dombrovskis notes that a €90 billion loan package for Ukraine is being discussed, with first disbursement expected as early as June.
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Germany’s top central banker says policymakers can do much to ease market volatility and support momentum.
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The U.S. Treasury Secretary says agenda items include the global economy, financial imbalances, terror funding, and critical minerals.
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The U.S. Treasury Secretary says the G7 should stay aligned on sanctions to cut off financial support to Iran’s military.
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The U.S. Treasury Secretary says his visit to China was highly successful.
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