IMF managing director said most member countries are seeking policy advice rather than financial assistance, and the IMF is working with several countries on quota/capital increases.

Despite the US‑Iran deal and prospects for the Strait of Hormuz to reopen to shipping — Brent spot has fallen to about $80/bbl — Jyske Bank says oil production and transport logistics still face major challenges. The bank expects inventory draws to persist through September and keeps its Brent forecast at $93/bbl for Q3, easing to $75/bbl by 2Q 2027. On gas, Jyske warns the speed of Qatar’s LNG ramp‑up to Asia will be critical; the Strait’s reopening reduces near‑term pressure and global LNG tightness. Diesel is unlikely to sustain declines because restoring normal flows through Hormuz will be slow and difficult.

Bank of Korea said net foreign investment in Korean equities was -$31.83 bln in May, versus -$2.68 bln in April, marking the largest single-month outflow on record.