Daily Market Insight

• US Wholesale Inventories rose in April • UK to see slowest growth of developed countries, says OECD • China Trade Surplus Largest in 4 Months • US and Asian Stock slipped, Yield higher as worried over tightening policy outlook

• U.S. Imports Fell for First Time in Nine Months in April, Amid Destocking • UK businesses feel the strain from surging inflation • German Factory Orders Fall for Third Straight Month in April • Yen slides as Europe braces for rate hikes

• US inflation hasn’t peaked and multiple half-point rate hikes needed • UK new car market declines as supply constraints hold back deliver • UK Retail Sales Hit by Cost of Living • US Stock dropped and Government bond yield rose due to the expectation of rising inflation

• US Economy Seen Adding 325K Payrolls in May • Euro Area Retail Sales Unexpectedly Drop in April • Germany Composite PMI Unexpectedly Falls in May • China’s Private Sector remained Weak at Softer Rate • US Futures Rise due to a robust US job report, Brent jumped

• U.S. manufacturing sector regains speed in May • U.S. Layoffs Hit All-Time Low in April as Job Openings Edge Down • May European Manufacturing Growth Slowest Since Early 2021 • Rising U.S. yields pushed Dollar higher

• European Inflation Spiked in May, Rising Rate Hike Possibilities • South Korea exports growth accelerates in May, China curbs hurt • Australia's economy slows a little in Q1, demand still solid • Dollar rises as inflation worries hurt risk sentiment

• European Union Pledges to Curb Oil Purchases From Russia • China's factory activity falls at slower pace as COVID curbs ease • Japan's April factory output slumps in worrying sign for economy • Euro edges down but set for largest monthly gain in a year

• US PCE Inflation Slows in April • US Goods Trade Deficit Narrows from Record High • BOJ vows to patiently continue powerful monetary easing • Thailand Exports Growth Eases to 3-Month Low • Asia Stocks, US Futures Rise as China Curbs Eased

• US Economy in the Second Estimation, contracts more than expected • US Pending Home Sales Fall for 6th Month • China Industrial Profits growth slowed to 3.5% YoY in Jan-April • Australia Retail Sales Hit Fresh High • Wall St Set for Weekly Gain, Japanese Shares Higher, Pound Hits 4-week High

• Fed Minutes Show Urgency for Hiking Rates • UK Car Production Falls 11% in April • Japan Leading Economic Index Revised Lower • Korea Raises Base Rate Again, Sees Higher Inflation • Wall Street wobbles as tech disappointed report, Oil edges up