IRNA reported Iranian Foreign Minister Araghchi said the United States is responsible for ensuring proper implementation of the memorandum of understanding’s provisions and stressed that the Zionist regime’s aggression against Lebanon must be halted entirely.

2-year China government bond futures (TS) most-active contract up 0.02%; 5-year (TF) up 0.06%; 10-year (T) up 0.05%; 30-year (TL) up 0.22%.

U.S. factory output stalled in May after four months of gains, suggesting supply‑chain disruptions tied to the Iran war and surging input costs may be starting to weigh. U.S. data showed factory output essentially unchanged in May while broader industrial production, including utilities and mining, rose 0.1%. Earlier gains had been driven by customer stockpiling, higher defense orders and continued data‑center construction; Monday’s figures imply rising costs could be damping activity. A separate report showed producer prices rose YoY at their fastest pace since 2022. Sector divergence was evident: non‑durables fell—led by petroleum & coal products, plastics & rubber and textiles—while data‑center‑related industries (computers & electronics, electrical equipment, fabricated metals, machinery and primary metals) continued to expand.