Spain composite PMI rose to 50.2 in May from 48.7 in April.

Ueda, governor of the Bank of Japan, said the bank's basic stance is to continue raising policy rates based on economic, price and financial developments.

Shenzhen rolled out housing measures on Apr 29 easing purchase restrictions in core districts and sharply raising housing provident fund loan limits. Since implementation, Apr 30–Jun 2 online contract signings for new commodity homes and resales were 5,035 and 6,191 units, up roughly 50% and 30% YoY, with volumes and prices rising. Provident-fund loan applications since the measures totalled 4,404, covering 6.82 billion yuan; average loan size 1.55 million yuan, about 21% higher than before the measures, relieving household financing pressure.