- On Monday, US equity-index futures rose as Beijing's latest step to loosen covid regulations infused a ray of hope into markets that had been spooked by inflation and rate-hike fears. The dollar and treasuries both fell.

- Contracts on the tech-heavy Nasdaq 100 and the S&P 500 rose more than 1%, boosted by news that Chinese officials are planning to loosen restrictions on ride-hailing giant Didi Global, and other US-listed tech companies. In premarket trading, Didi's stock jumped as high as 52%. Apple increased 1.6%, Tesla surged after falling almost 9% at Friday's close, and Amazon.com crept higher after enacting a 20-for-1 stock split.

- Stronger-than-expected US jobs statistics in May suggests the Federal Reserve will stick on its tightening plan to keep inflation under control. However, analysts at Goldman Sachs Group believe the Fed will be able to carry out its aggressive rate-hike strategy without plunging the country into recession.

- India is in talks to increase Russian oil imports from Rosneft.
- Barclays: Now expect ECB to hike in 25 basis-points increments at each meeting from July to December 2022, and once more in Q1 2023.
- Bank of America now expects 150 basis-points of ECB rate hikes this year, with 50 basis-points moves in July and September.
- Money Markets bet on half-point BoE rate hike by December.
- On Monday, Biden will use executive action to bridge a solar panel supply gap caused by a Commerce Department tariff investigation - According to sources familiar with the matter.