CPCA: China's May passenger vehicle sales 1.53 mln units, down 22.3% YoY.

Israel's Finance Ministry: May budget balance posted a deficit of 8.3 bln new shekels (NIS).

Frank Benzimra, head of Asia equity strategy at Societe Generale, says markets are currently extremely sensitive to tech-company earnings. The recent rally was driven by repeated upward revisions to profit expectations; if investors question the persistence of those revisions, sentiment can turn quickly. Prior purchases of leveraged ETFs by some investors will amplify losses in a downturn and increase market volatility.