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China's Li: Weighing new policy tools as economic and trade order is under severe impact

China’s Premier Li Qiang spoke in a symposium with Chinese firms in Jakarta over the weekend, with the key comments noted below.

“China is weighing new policy tools in the face of an international economic and trade order that is under severe impact.”

"The fragmentation of industrial and supply chains has deepened, and trade barriers have increased, which has had a great impact on the economic development of all countries."

“China is studying new policy tools, including some "unconventional measures", which will be launched as the situation changes.”

“China will continue strengthening economic cooperation with more countries.”

WTI holds gains above around $61.50 due to easing US-EU trade concerns

West Texas Intermediate (WTI) Oil price is trading around $61.50 per barrel during the Asian hours on Monday, extending its gains for the second successive day. Crude Oil prices gain ground amid easing concerns over a trade war between the United States (US) and the European Union (EU).
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FX option expiries for May 26 NY cut

FX option expiries for May 26 NY cut at 10:00 Eastern Time via DTCC can be found below.
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