According to AXIOS: US Secretary of State Blinken will submit a report on Israel before Friday.

A Ukrainian drone attack on a Russian business in the Kaluga region caused a brief fire, the local governor said.

ANZ analysts: Oil prices rose in the Asian session. There is risk sentiment in the market. The situation in the Middle East remains tense. In addition, US data showing a decline in crude oil inventories may also support oil prices.

Japanese Chief Cabinet Secretary Yoshimasa Hayashi: The Saudi Crown Prince will visit Japan from May 20 to 23.

The Panama Canal is in talks with U.S. liquefied natural gas producers to increase the number of ship transits, the Panama Canal Authority said. Slot distribution will be analyzed to allocate demand for LNG vessels. The authority will weigh price changes to reflect the increased demand.

Israeli Prime Minister Netanyahu: Israel has no choice but to enter Rafah.

Israeli Prime Minister Netanyahu: We must defeat Hamas in the Rafah area.

Israeli Prime Minister Netanyahu: I hope that US President Biden and I can overcome our differences.

Israeli Prime Minister Netanyahu: If there is no attack on Rafah, Hamas will kill again.

Israeli Prime Minister Netanyahu: So far, we have destroyed 20 of the 24 Hamas battalions.

Market news: UBS (UBS.N) is considering offering bonuses to investment bankers who recommend high net worth clients.

Japanese Finance Minister Shunichi Suzuki: We will not hesitate to take appropriate measures as needed.

Foreign investors bought -107.19 billion yen of Japanese bonds in the week ending May 3, compared with -144.18 billion yen in the previous week.

Japanese Finance Minister Shunichi Suzuki: I will not comment on the exchange rate level and will closely monitor exchange rate fluctuations.

ANZ Research: Palladium and platinum prices are expected to stabilize at current levels.

ANZ Research: Silver prices are expected to exceed $31/ounce by the end of this year.

ANZ Research: Copper prices will continue to be well supported due to severe shortage of copper needed for emerging energy transition.

JPMorgan Chase: India is expected to be included in the JPMorgan Emerging Markets Bond Index in June, and most clients are ready to trade the Indian bond market. The Indian bond market is expected to attract $20 billion to $25 billion in foreign capital inflows.