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A steadier mood as we get into European trading, still no US-Iran breakthrough yet

What are the main events for today?

Germany April PPI +1.2% vs +1.0% m/m expected

UK inflation underwhelms in April but it comes with some major caveats

There will be more to the UK CPI report than what meets the eye later today

investingLive Asia-Pacific FX news wrap: Trump said, again, war will be over soon

China to buy 200 Boeing jets and ease rare earth curbs in US trade breakthrough

EU strikes provisional deal to cut US tariffs ahead of Trump’s July 4 deadline

Preview: Australia April jobs data eyed as AUD rally and RBA rate path hang in balance

investingLive Americas FX news wrap 19 May: Rising yields supports the USD.

WSJ: Little progress in US/Iran talks

VP Vance: Made a lot of progress on Iran