Euro area three-month M3 money supply YoY 2.7% in April, down from 3.2% in March.

China’s Shanxi province formally began its flood season at 08:00 today, the provincial water resources department said. Forecasts place Shanxi within the northern rainy zone this year, with overall climate anomalies, more frequent extreme weather and elevated disaster risk. Provincial seasonal rainfall is expected slightly above normal, with flood risk exceeding drought and alternating wet‑dry conditions. Significant floods are possible on the Fen and Qin rivers in the Yellow River midstream and on the Sanggan, Hutuo and Zhang rivers in the Hai River basin; localized severe flooding may occur.

Japanese Prime Minister Takaichi has asked Iranian President Pezeshkian to ensure free and safe navigation through the Strait of Hormuz.