Italy unemployment rate 5.0% in May, vs 5.1% expected and 5.1% in April.

Early session, China's main futures contracts opened mixed with declines outnumbering gains. SC crude fell over 4%; LPG and container freight (Europe route) dropped more than 3%; methanol declined nearly 3%; fuel oil and low-sulfur fuel oil (LU) slipped over 2%. Down more than 1% were polypropylene, asphalt, benzene, BR rubber, plastics, p-xylene, ethylene glycol, propylene, coke, polysilicon and styrene. On the upside, platinum rose over 2%; iron ore and Shanghai silver gained more than 1%; Shanghai gold, soybean meal and pulp were up around 1%.

SWISS NATIONAL BANK says the Swiss banking sector has sound capacity to withstand shocks amid the current challenging macroeconomic and financial environment.