Turkey's President Erdogan said he had previously discussed with Trump equipping Turkey's indigenous fighter jet with F110 engines and hopes there will be no obstacles.

SHFE silver most-active contract fell 4.00% intraday to 14,242 yuan/kg.

The Fed minutes said most participants emphasized that if inflation remained above 2% for several years, sustained higher inflation could begin to affect inflation expectations and wage- and price-setting. Officials said their inflation forecasts for this year and next were higher than the projections prepared for the April meeting, underscoring renewed concern about inflation. Staff projected core inflation above 3% would remain roughly unchanged for the remainder of the year.