Bank of England (BoE) Deputy Governor Sarah Breeden warned that political uncertainty is hitting the business environment and cautioned that the UK central bank should not be "trigger happy" when adjusting interest rates, the Financial Times reported on Monday.

According to the China National Bureau of Statistics's (NBS) statistician, the economy is facing external challenges, but internal driving forces remain unchanged and solid.

AUD/USD loses ground for the third consecutive day, trading around 0.7130 during the Asian hours on Monday. The pair depreciates following key economic data from Australia’s close trading partner, China.

China Fixed Asset Investment (YTD) (YoY) registered at -1.6%, below expectations (1.6%) in April

China’s Retail Sales rose 0.2% year-over-year (YoY) in April vs. 2.0% expected and 1.7% in March, the latest data released by the National Bureau of Statistics (NBS) showed Monday.

China Retail Sales (YoY) came in at 0.2%, below expectations (2%) in April

China Industrial Production (YoY) registered at 4.1%, below expectations (5.9%) in April

China House Price Index : -3.5% (April) vs previous -3.4%

USD/JPY extends its gains for the sixth successive day, trading around 158.90 during the Asian hours on Monday. The US Dollar (USD) gains value against other currencies because the US Federal Reserve (Fed) is shifting toward a more aggressive stance on inflation.

United Kingdom Rightmove House Price Index (MoM) increased to 1.2% in May from previous 0.8%

United Kingdom Rightmove House Price Index (YoY) increased to -0.3% in May from previous -0.9%

US President Donald Trump warned Iran the "clock is ticking" as talks to bring the war to an end have stalled, CNBC reported on Sunday.

New Zealand Business NZ PSI rose from previous 46 to 48.9 in April

ING analysts see Taiwan’s external demand remaining a key growth driver, led by technology exports. They expect export orders to stay very strong, even as the year-on-year rate moderates.

DBS economists Taimur Baig and Radhika Rao anticipate Singapore’s April 2026 non-oil domestic exports to rise 11.5% year-on-year, marking an eighth consecutive month of expansion after 15.3% in March.

ING’s Min Joo Kang expects Japan’s economy to maintain similar growth to the previous quarter, with first-quarter Gross Domestic Product (GDP) seen rising 0.3% quarter-on-quarter.

OCBC's strategist Christopher Wong says Asian FX remains constrained by a firm Dollar and higher US yields, despite some optimism around US–China talks. The Renminbi (RMB) is the main outperformer on lower USD/CNY fixes and policy-tolerated appreciation, but broader Asia FX stays soft.

United States CFTC S&P 500 NC Net Positions declined to $-143.8K from previous $-103.9K

Japan CFTC JPY NC Net Positions fell from previous ¥-61.7K to ¥-75.1K

United States CFTC Gold NC Net Positions climbed from previous $163.3K to $171.6K

United States CFTC Oil NC Net Positions fell from previous 178.8K to 169.9K

United Kingdom CFTC GBP NC Net Positions up to £-43.1K from previous £-63.9K

Eurozone CFTC EUR NC Net Positions climbed from previous €32.2K to €40.2K

Australia CFTC AUD NC Net Positions rose from previous $78.7K to $85K

UOB’s Global Economics & Markets Research, led by Julia Goh and Loke Siew Ting, notes Malaysia’s 1Q26 Gross Domestic Product (GDP) grew 5.4% year-on-year, slightly above estimates but slower than 4Q25.

DBS Group Research economist Samuel Tse assesses how recent US-China talks are shaping the outlook for Chinese growth and Chinese Yuan (CNY) rates. He highlights a more constructive bilateral tone, prospects for improved US market access, and potential easing of trade frictions.

ING economists Deepali Bhargava, Lynn Song and Min Joo Kang expect Bank Indonesia (BI) to shift toward a tighter stance at its upcoming meeting. They highlight recent Indonesian Rupiah weakness, ongoing FX intervention and wider rate differentials versus the United States.

Colombia Gross Domestic Product (YoY) in line with expectations (2.2%) in 1Q

TD Securities’ James Rossiter and Julie Ioffe argue that Prime Minister Starmer is likely to be replaced by late September, with Labour’s leadership race centering on Burnham, Streeting, Rayner and Miliband.

Colombia Retail Sales (YoY) came in at 13.4%, above expectations (10.1%) in March