South African central bank says markets now expect major central banks to hike rates this year.

BOK GOV SHIN said he expects inf to peak in H2.

At the close of the morning session, China’s domestic futures most-active contracts were mixed: Shanghai silver (SHFE) fell more than 4%, platinum fell nearly 4%, palladium fell over 3% and Shanghai gold fell nearly 3%; urea, Shanghai aluminum, Shanghai nickel and Shanghai tin each lost more than 1%. On the upside, PTA gained nearly 3%; p-xylene, coke, short fiber and coking coal rose more than 2%; bottle-grade PET chips, PVC and rapeseed oil rose nearly 2%.