China May imports 1.864 tln yuan, down from 1.896 tln yuan in the prior month.

India's oil minister said he expects oil and gas inventories to be ample over the coming months and for prices to decline.

DESTATIS said on Tuesday Germany's industrial production rose 0.4% MoM in April, the first increase since the outbreak of the war in Iran, largely driven by construction. March was revised to a -0.1% decline from a preliminary -0.7%. April exports and imports unexpectedly rose. The data contrast with earlier weak prints: April factory orders fell more than expected on Monday, with notable declines in autos and electrical equipment. The production uptick offers limited relief to Europe’s largest economy amid surging energy prices.