Germany preliminary June composite PMI 48.0, below consensus 49.6 and down from the prior 48.8.

China Index Academy data: June 1–20 resale transactions across 20 major Chinese cities totaled 88,000 units, up 10.9% YoY. Shanghai and Suzhou resale volumes rose over 20% YoY; Shenzhen and Ningbo rose over 10%, signaling sustained demand. Core-city new-home markets continue to recover. During the three-day Dragon Boat holiday Shanghai new-home net contract signings totaled 601 units vs 293 a year earlier (+308); Shanghai resale net signings were 1,231 vs 1,035 last year (+196, +18.9%). As of June 20 Beijing new-home transacted area rose 36% MoM; Guangzhou new-home transacted area rose 9% YoY. China Index Academy says June resale activity remains on an upward trend, with core-city volumes at multi-year highs for the period; new-home recovery is structurally uneven and concentrated in prime districts and top projects.

U.S. Energy Secretary wright said the U.S. continues to ship oil through the Strait of Hormuz at pre-crisis levels despite Iranian interference.