U.S. construction spending MoM +0.1% in May, matching estimates; April revised to +0.3% from +0.4%.

July 1 — Chinese Foreign Ministry spokesman Guo Jiakun said at a regular briefing that China has repeatedly set out its position on remarks from Paraguay and urged the Paraguayan government and leaders to align with the tide of history and public will, promptly stand on the right side of history, make decisions in their country’s fundamental and long-term interests and avoid further isolation.

ECB sources say a decision on minimum reserve requirements is expected in autumn.