Eurozone April ECB 1-year CPI expectation 4.0%, unchanged from prior 4.0%.

CHINA'S SHANGHAI COMPOSITE INDEX closed down 0.27%, the Shenzhen Composite Index fell 1.51%, the ChiNext Index dropped 2.15% and the STAR 50 Index slid 5% after A-shares reversed lower in the afternoon. Market turnover was 2.90 tln yuan, down 444.4 bln yuan versus the prior session. Coal miners outperformed, with several names hitting daily limits including Zhengzhou Coal & Power and Haohua Energy; Shanxi Coking Coal and China Coal Energy were among the top gainers. Software developers advanced, led by Yonyou Network and other midcaps with some stocks at limit-up. Semiconductor stocks tumbled, with multiple names off more than 10%. CPO-themed equities opened weak and fell further, several down over 10%.

菲律宾央行：将采取一切必要措施确保通胀回归3%的目标。