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G7 weighs joint tariffs on low-value Chinese imports amid overcapacity concerns

USD weakness extends

Morgan Stanley raises China GDP forecast to 4.5% for 2025 amid easing trade tensions

ForexLive Asia-Pacific FX news wrap: Oil spike on talk of Israel preparing attack on Iran

New Zealand April exports higher than in March: NZD7.84bn vs 7.41bn

Reuters Tankan report has manufacturing sentiment at 8 in May, down from 9 in April

Mexican Economy Minister says autos exported to US will face average 15% tariff, not 25%

Japan April exports +2% y/y (expected +2%)

CNBC: Musk says AI could run into power capacity issues by middle of next year

Australian Leading Index for April 0.0% m/m (prior -0.2%)

China’s Commerce Ministry says US measures on China chips are bullying, protectionist

US FAA issued an order reducing the flight arrival and departure rate at Newark Airport