巴西财政部：巴西中央政府5月基本财政余额为532.57亿雷亚尔赤字，市场预期为530亿雷亚尔赤字。

Chinese shares opened flat and traded choppily; the Shanghai Composite dipped below 4,000 intraday and ChiNext fell over 2% early before all three major indexes rallied into the close. At settlement, Shanghai Composite +1.16%, Shenzhen Composite Index +0.19%, ChiNext +0.54%. Turnover on Shanghai and Shenzhen exceeded 3.5 trillion yuan. Innovative-drug names led gains, with multiple small-cap drug stocks hitting the 20% daily limit. Liquor, animal-husbandry, medical-service and precious-metal sectors outperformed; semiconductors were intermittently active and industrial-gas stocks strengthened in the afternoon with several limit-ups. Compute-hardware concepts plunged; glass/fiberglass, energy-equipment, shipping and copper-clad-laminate sectors were among the heaviest decliners. Market breadth was positive with over 2,400 stocks rising.

Minmetals Futures said weekend reports of supply-side restarts are pressuring lithium carbonate and prices are likely to open lower. Supply: H2 incremental lithium carbonate output will be driven mainly by spodumene, with overall release pacing slightly faster than H1. Demand: downstream orders remain full; July–August is a seasonal EV consumption trough but downstream production continues to rise MoM, and peak demand is expected in Sept–Oct. Overall, Minmetals judges the annual supply–demand balance will remain tight — even if a large Jiangxi lithium mine resumes production. A near-term price decline may prompt downstream buyers to bring forward restocking, which would limit downside.