US May ISM Inventories Index 49.9, prior 49.0

CHINA FOREIGN MINISTER met Brazil foreign minister VIEIRA in Beijing for the fifth China‑Brazil foreign minister-level comprehensive strategic dialogue. China praised Brazil’s adherence to the One‑China principle and reiterated support for Brazil’s sovereignty and independent development. Both sides agreed to leverage the high‑level Coordination and Cooperation Committee and a development‑strategy alignment mechanism to deepen cooperation and deliver tangible projects, and to implement leaders’ plan for a 2026 China‑Brazil Cultural Year to expand cultural, education, tourism, sports, subnational, youth and media ties. They pledged closer coordination in multilateral forums including the UN and BRICS, promoted China’s four global initiatives, and said they would press for a more equitable global governance system and defend developing countries’ interests. China affirmed it remains a reliable partner for Latin America and the Caribbean and will work with regional states, including Brazil, to deepen overall China‑Latin America cooperation.

U.S. President Trump said through senior representatives he had a very good call with Hezbollah and that they agreed to cease all shooting.