US indices finished yesterday’s trading higher. S&P 500 rose 1.99%, Nasdaq jumped 2.68% while Dow Jones gained 1.6%

Indices from Asia-Pacific are traded higher today. Nikkei added 0.62%, S&P/ASX 200 and Kospi rose 1.05% and 0.85% respectively while indices from China traded 0.45%-1.10% higher

DAX futures point to a higher opening of the European cash session

US and Taiwan are planning to announce negotiations to deepen economic ties

3 US senators want laws to ban China’s digital yuan from Google, Apple app stores

China and Russia have joined forces to veto the US push to impose more UN sanctions on North Korea

Russian Deputy Prime Minister Novak expects oil output to shrink up to 8.4% this year

China’s industrial profits increased by 3.5% yoy in January-April 2022, slowing sharply from a 8.5% rise in the prior period,

Tokyo CPI for May 2.4% yoy below expectations of 2.7%

Cryptocurrencies trade mostly lower. Bitcoin fell below $29,000, while Ethereum is testing $1750 area

Brent and WTI trade 0.10% higher

Precious metals rose slightly. Gold added 0.40%, while silver jumped 0.50%

AUD and NZD are the best performing major currencies while USD and CHF lag the most

Silver rose above key resistance at $22.00 an ounce, benefiting from recent weakness in the dollar.