- Base metals prices on LME witnessed downtrend as of the last closing. The highest gain was seen in nickel 1.3%. Meanwhile, stocks witnessed outflows.
- In April, Japanese factory output likely rose for the second consecutive month, alongside an uptick in retail sales, indicating budding economic recovery, with CPI also expected to accelerate in Tokyo areas.
- China implements measures like lowering down payment requirements and setting up a relending facility to stabilise its struggling property sector.
