Lithium carbonate 2701 futures rallied intraday, up 1.65% at 130,580 yuan/ton; turnover about CNY 6.485 billion, open interest rose by nearly 1,700 lots intraday as volume and OI activity picked up.

Russia's election chief said a drone attack in the Russian-controlled Kherson region of Ukraine killed two people, including an election official.

Major Australian banks are coalescing around expectations that the Reserve Bank of Australia (RBA) will deliver another 50bp of rate hikes by year-end. After hawkish remarks from senior RBA officials last week, ANZ and Commonwealth Bank have adopted the view. Commonwealth Bank economist Belinda Allen said recent RBA communication and market pricing support the case for earlier-than-expected action. She added that, given the inflation backdrop, the risk is further tightening after September, though such a decision would be difficult.