India Commerce and Industry Minister Goyal said the first phase of an India–US trade agreement is expected to be concluded before mid‑July and that the pact will grant India preferential access to US markets.

Daly said Fed policy is currently in a good place but the economic outlook is too uncertain to signal a clear path for rates, so providing forward guidance is inappropriate. She identified inflation—driven by rising energy and food prices—as the Fed's primary concern and said returning inflation to target is the top priority. Daly said current data do not show clear productivity gains from AI, but she is optimistic and views 2027 as a potential litmus test; she sees no financial-stability risks from AI-related investment.

Bank of Korea data showed South Korea's current-account surplus was $28.3bn in April, down from March's record $37.9bn but still the second-highest monthly surplus on record. Exports rose about 55% YoY, leaving a goods trade surplus of $33.9bn (also the second-highest); semiconductors and IT products were the primary drivers, petroleum product exports also increased, and imports were up 16.1% YoY. The data underscore that Korea's trade sector remains a key beneficiary of the global AI investment surge, with chip exports continuing to offset geopolitical disruption to global commerce.