- In the midst of the impasse in Washington over whether to extend the US debt ceiling, investors have been moving towards safe havens like Treasuries and technology companies.

- Benchmark 10-year Treasury note yields decreased by four basis points, while S&P 500 futures contracts had a 0.2% decline. The Stoxx Europe 600 index's greatest gainers in Europe were shares of technology companies. The index was negatively impacted by telecom equities, which were highlighted by a loss of up to 5.4% in Telecom Italia shares.

- President Joe Biden and House Speaker Kevin McCarthy are slated to speak about raising the debt ceiling on Tuesday. Treasury Secretary Janet Yellen emphasised that her department might run out of money by early June and warned that the US is already suffering as a result of its failure to raise the federal debt ceiling. However, the majority of investors claim they anticipate lawmakers will strike a last-minute agreement to avoid default.

- According to the most recent study from Bank of America, traders have hedged against worst-case situations by parking in cash, Treasuries, and tech stocks. In the run-up to the June 1st deadline, Treasuries might benefit greatly if the latest debt-ceiling episode follows the same pattern as 2011.

- ECB's Stournaras: Rate hikes are close to an end.

- IEA: OPEC+ oil supply will fall by 850,000 bpd while non-OPEC+ supply will rise by 710,000 bpd from April through December.

- IEA: Global oil demand is set to rise by 2.2 mln bpd in 2023 to a record 102 mln bpd.

- IEA raises 2023 oil-demand growth forecast by 200,000 bpd to 2.2 mln bpd.

- EU agrees to toughen rules on taxing crypto-asset transactions.