The China Federation of Logistics& Purchasing (CFLP) announced today the China Commodity Index stopped falling and rebounded in May. As the operating rates of enterprises gradually picked up, the overall supply of domestic bulk commodities is still growing. The China Commodity Index was 100.7% in May, up 0.4 point MoM.

The fifth round of negotiations on upgrading the China-Peru Free Trade Agreement was held in Beijing from May 30th to June 2nd.

France's Eramet SA, one of the biggest producers, said the London Metal Exchange (LME) has lost its benchmark status in a key sector of the nickel market since a massive short sale last year, according to Bloomberg.

According to the Russian Satellite News Agency, the economic situation report released by the Russian Ministry of Economic Development showed that in April this year, the Russian economy grew by 3.3% year-on-year, showing positive growth for the first time this year.

Klaas Knot, a member of the ECB's governing council and president of the Dutch central bank, recently said that the ECB needs to continue to raise interest rates in the case of "too high" potential inflation.

The People's Bank of China implemented a 7-day reverse repurchase operation worth 2 billion yuan with a bid rate of 2.0% today.

Fed Bullard said that he supports the Fed to raise interest rates by 25 basis points this week; this will be a good "next move" for FOMC;

Loans to the US banking sector increased for the fourth consecutive week, indicating that credit conditions remain relatively stable despite heightened regional banking concerns.

According to a CNBC report on May 5, multiple sources said that the White House is considering a short-term extension of the debt ceiling...

The Ministry of Industry and Information Technology organised the National Automotive Standardisation Technical Committee to carry out the preparation and revision of four mandatory national standards including the Technical Requirements for Vehicle Information Security.