Eurozone April PPI MoM +0.6% vs +0.5% expected; prior +3.40%.

US May ADP private payrolls rose 122,000, the largest monthly increase since January last year.

Several global financial institutions have raised China outlooks and increased allocations to Chinese technology firms, accelerating onshore investment. MSCI has formally added 19 A-shares to the MSCI China Index, concentrated in optical communications, computing power and high-end manufacturing, which eases foreign access to these names. Foreign holdings of A-share free-float market value exceed 4 trillion yuan and year‑to‑date inflows have been steady via various channels. Investment banks including Morgan Stanley and Deutsche Bank have recently lifted their 2026 China GDP forecasts; many cite China’s core competitiveness in tech innovation as the main rationale for increasing exposure.