In its annual Global Electrical Vehicle Outlook, the International Energy Agency notes an unbroken high growth trend in electric mobility, particularly in China and many emerging markets, Commerzbank's commodity analyst Barbara Lambrecht notes.
Reserve Bank of Australia (RBA) Governor Michele Bullock is holding a press conference following the announcement of the May monetary policy decision on Tuesday.
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, remains pinned near the 100.30 level to start the week, with bearish sentiment lingering after Moody’s downgraded the US credit rating.