Meritz Securities analyst Kim Sun-woo estimates SK Hynix’s April–June pretax profit will exceed 10 trillion won, comprising a 6.01 trillion won operating profit and a 4.16 trillion won one‑off investment gain linked to a stake in Japan’s Kioxia held via U.S. buyout firm Bain Capital. That would top the company’s Q1 record operating profit of 5.88 trillion won. Kim said Q2 DRAM and NAND prices rose about 30% and 49% respectively.

A.P. Moller-Maersk shares fell 3.5% in early trade.

ECB Governing Council member Kazimir said on Monday that at least one more rate increase is needed to curb inf, and that more aggressive tightening could be required if the economic outlook deteriorates. The ECB left rates unchanged last week but signalled a hike at its September meeting. Oil and gas prices have risen sharply this month after renewed Middle East hostilities. In a commentary, the typically hawkish Kazimir said he still views at least one further hike as appropriate even if conditions improve, and that he would press for action in September unless "very convincing" economic data and geopolitical progress emerge in the coming weeks.