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European indices open slightly lower with hot UK inflation likely weighing

Traders trim bets on BoE easing favouring just one rate cut in 2025

Japan’s super-long bond yields continue to surge to record highs

What are the main events for today?

FX option expiries for 21 May 10am New York cut

ICYMI – Moody’s US downgrade sparks concern among Hong Kong pension funds

US politics – tentative deal for $40,000 SALT deduction reached

USD weakness extends

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

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

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

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