Key Global Events

A vote on the debt ceiling is expected to pass the House on European night. Only a few days remain to avoid a debt default, with Congress racing to approve the measure before June 5, when Treasury Secretary Janet Yellen warned that the United States could run out of money.
Closing the month with uncertainty for European stock markets. Milan is set to close down 0.85 percent. Worst, FTSE 100 -3.50%. Declines that have nothing to do with the tech sector thanks to artificial intelligence and its latest developments. It pushed the Nasdaq upward reaching the end of the month at +7%.
In yesterday's press conference, former Treasury Secretary Lawrence Summers expects the U.S. central bank may raise rates another 50 basis points to reach its 2 percent target. Inflation is currently at 4.9% year-on-year.
Ahead of the opening on Wall Street, European markets remain negative. Milan's FTSE MIB -0.62%, Paris' CAC -0.75%, Madrid's IBEX -0.37%, London's FTSE -0.20%. U.S. stock markets expected to open lower. Dow Jones -0.36%, S&P500 -0.43% and the Nasdaq -0.42%.

Forex & Commodities

The euro trades below the threshold again continuing the bearish trend. The EURUSD cross trades around 1.0686 (-0.46%). The British currency trades around 1.2371 (-0.35%). Among commodities, Oil remains below $70 per barrel ($67.60; -0.06%). Gold trades around 1979 $ an ounce (+0.12%). With the exception of natural gas, most commodities are preparing to end the month in the negative.

Index

In Asia, indexes moved lower this latest stock market session. In Tokyo, the Nikkei index slipped to 30,887 (-1.41%). In China, the Hang Seng closed trading at 18,124 (-1.94 percent). U.S. stock markets expected to open lower. Dow Jones -0.36%, S&P500 -0.43% and Nasdaq -0.42%.

Global Macroeconomic Data 
U.S. - New JOLTs jobs data is scheduled for release at 4 p.m., expected to rise to 9.775 Million. In the evening FOMC member Harker will give a speech.