Singapore Manufacturing PMI increased to 49.7 in May from previous 49.6

Brazil S&P Global Manufacturing PMI fell from previous 50.3 to 49.4 in May

South Africa Total New Vehicle Sales increased to 45308 in May from previous 42401

Euro (EUR) is strong, up an impressive 0.6% against the US Dollar (USD) and a mid-performer among the G10 in an environment of broad-based USD weakness, Scotiabank's Chief FX Strategist Shaun Osborne notes.

Better than expected GDP data for Q1 provided a bit of a lift for the CAD Friday.

Chance for US Dollar (USD) to edge above 7.2100 before leveling off against Chinese Yuan (CNH); next resistance at 7.2180 is unlikely to come under threat.

As if the prospect of renewed conflict with China were not enough, Donald Trump announced on Friday that he would double tariffs on steel and aluminium imports to 50%, Commerzbank's FX analyst Michael Pfister notes.

US President Donald Trump seems to enjoy keeping people on their toes with his social media announcements every Friday.

Brent crude continues to consolidate in a sideways pattern, with downward momentum still dominant. A potential base formation hinges on holding above recent lows and reclaiming key moving averages, Société Générale's FX analysts note.

USD/CNH’s recent downtrend has paused after finding support near 7.16, with a modest rebound now unfolding. However, upside may remain limited for now, as break below 7.16 can extend the downtrend, Société Générale's FX analysts note.

Trump said he would increase tariffs on Steel and Aluminium to 50% from 25%, effective 4 June. He made the announcement as he visited a US Steel Corp. plant on Friday.

Current GBP/USD price movements still appear to be part of a range trading phase, likely between 1.3400 and 1.3600, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

United Kingdom M4 Money Supply (YoY): 3.2% (April) vs previous 3.4%

United Kingdom Consumer Credit came in at £1.58B, above expectations (£1.1B) in April

United Kingdom Net Lending to Individuals (MoM) registered at £0.82B, below expectations (£2.8B) in April

United Kingdom S&P Global Manufacturing PMI above expectations (45.1) in May: Actual (46.4)

United Kingdom M4 Money Supply (MoM) dipped from previous 0.3% to 0% in April

United Kingdom Mortgage Approvals came in at 60.463K below forecasts (63K) in April

Greece S&P Global Manufacturing PMI unchanged at 53.2 in May

Austria Unemployment fell from previous 311.8K to 296.1K in May

Austria Unemployment Rate: 6.9% (May) vs previous 7.3%

Spain HCOB Manufacturing PMI rose from previous 48.1 to 50.5 in May

Switzerland Gross Domestic Product (QoQ) above forecasts (0.4%) in 1Q: Actual (0.5%)

Switzerland Gross Domestic Product (YoY) came in at 2%, above forecasts (1.5%) in 1Q

Sweden Manufacturing PMI dipped from previous 54.2 to 53.6 in May

Australia RBA Commodity Index SDR (YoY): -7.7% (May) vs previous -6.1%

Switzerland Real Retail Sales (YoY) came in at 1.3%, below expectations (2.5%) in April

Russia S&P Global Manufacturing PMI rose from previous 49.3 to 50.2 in May

United Kingdom Nationwide Housing Prices n.s.a (YoY) up to 3.5% in May from previous 3.4%

United Kingdom Nationwide Housing Prices s.a (MoM) came in at 0.5%, above expectations (0.1%) in May