Kuwait's armed forces said that the country's air defense systems were intercepting hostile missile and drone attacks after air raid sirens sounded and emergency alerts were issued nationwide, the Guardian reported on Monday.

USD/CHF gains ground after two days of losses, trading around 0.7830 during the Asian hours on Monday.

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) edge lower under pressure on Monday after a steady decline over the last three weeks. US-Iran ceasefire extension dillydally fuels institutional outflows, adding further downside pressure on the crypto market. 

Gold (XAU/USD) kicks off the new week on a subdued note and remains on the back foot below a two-week top, around the $4,600 neighborhood, touched on Friday.

Silver price (XAG/USD) holds gains after experiencing volatility, trading around $75.60 per troy ounce during the Asian hours on Monday.

The EUR/USD pair trades slightly lower to near 1.1645 during the Asian trading session on Monday.

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 99.05 during the Asian trading hours on Monday. The DXY holds positive ground surrounding the US-Iran peace deal.

AUD/JPY extends its gains for the third successive day, trading around 114.60 during the Asian hours on Monday. The currency cross holds its ground as a wave of mixed economic data from China, Australia, and Japan shaped market sentiment.

The NZD/USD pair holds losses around 0.5975 during the early Asian session on Monday. The New Zealand Dollar (NZD) remains weak following the Chinese economic data. Traders will keep an eye on the US ISM Manufacturing Purchasing Managers Index (PMI) report later in the day.

The AUD/USD pair extends the range play below the 0.7200 mark and moves little following the release of China’s RatingDog Manufacturing PMI, which eased to 51.8 in May from 52.2 in the previous month.

China's RatingDog Manufacturing Purchasing Managers' Index (PMI) declines to 51.8 in May from 52.2 in April the latest data published by RatingDog showed on Monday. 

China RatingDog Manufacturing PMI came in at 51.8, above forecasts (51.4) in May

West Texas Intermediate (WTI) oil price gains ground after three days of losses, trading around $88.80 per barrel during the Asian hours on Monday. WTI price rises over 2% as supply concerns intensify following Israel's orders for troops to move further into Lebanon.

Australia ANZ Job Advertisements up to 1.8% in May from previous -0.8%

The USD/JPY pair kicks off the new week on a positive note and climbs back closer to the 159.50 level during the Asian session, eyeing a four-week top set last Thursday amid a combination of factors.

Australia TD-MI Inflation Gauge (YoY) rose from previous 4.3% to 4.4% in May

On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.8167 compared to Friday's fix of 6.8176 and 6.7643 Reuters estimate.

Australia TD-MI Inflation Gauge (MoM) fell from previous 0.6% to -0.3% in May

The GBP/USD pair trades on a flat note near 1.3450 during the early Asian trading hours on Monday. The British Pound (GBP) stabilizes in a sideways consolidation mode following a highly volatile week.

EUR/USD depreciates after two days of gains, trading around 1.1650 during the Asian hours on Monday.

Former Federal Reserve (Fed) Chair Jerome Powell said the US central bank would damage public trust that’s required to support a strong and stable economy if any president were free to dismiss Fed officials over policy disagreements, Bloomberg reported on Monday.

South Korea Trade Balance above forecasts ($24.3B) in May: Actual ($26.94B)

Japan Jibun Bank Manufacturing PMI in line with forecasts (54.5) in May

South Korea S&P Global Manufacturing PMI climbed from previous 53.6 to 54.8 in May

US President Donald Trump has sought to change several terms of a proposal to end the US-Israel war on Iran, the BBC reported on Sunday. The changes are related to the Strait of Hormuz and the removal of highly enriched uranium.

The AUD/USD pair holds steady around 0.7185 during the early Asian trading hours on Monday. Traders continue to assess the developments surrounding the US-Iran peace negotiations. Also, China’s RatingDog Manufacturing Purchasing Managers Index (PMI) report for May will be released later on Monday. 

Japan Capital Spending came in at 0%, below expectations (4.1%) in 1Q