Spot silver broke through $24 per ounce, up 1.41% on the day.

NATO Secretary General Jens Stoltenberg will meet German Chancellor Scholz in Berlin on Monday.

Pakistan Ministry of Economic Affairs: France will provide 180 million euros in loans for power projects.

Head of BlackRock Asia Pacific: The company has seen great demand from global clients in terms of infrastructure investment in Saudi Arabia.

Rachel Lord, head of Asia Pacific at Blackstone Group: The company expects a "strong opportunity" in Saudi Arabia.

Swedish NATO chief negotiator: Sweden and Türkiye have agreed to continue dialogue.

Chief NATO negotiator in Sweden: Upcoming discussions will provide an opportunity to resolve obstacles that clearly remain.

Reuters Poll: Economists surveyed expect Bank of England interest rates to hit 5.00% in Q3, same as in May 31 poll.

Reuters survey: 64 economists surveyed believe that the Bank of England will raise interest rates by 25 basis points to 4.75% on June 22.

Spot palladium prices rose 3%.

USD/CHF fell below 0.90 against the Swiss franc, down 0.59% on the day.

NATO Secretary-General Jens Stoltenberg: We need to do more to standardize ammunition.

NATO Secretary-General Jens Stoltenberg: Standardization is a core responsibility of NATO.

[The U.S. PPI fell more than expected in May or pushed the Fed to suspend interest rate hikes] The U.S. producer price index fell more than expected in May, and the annual rate of increase hit the lowest in nearly two and a half years, which strengthened the reason for the Fed not to raise interest rates this week. CPI data released yesterday showed that consumer prices rose slightly in May, the smallest year-on-year increase since March 2021. Fed officials are expected to leave interest rates unchanged for the first time since March 2022, when the central bank began its fastest monetary policy tightening in more than 40 years.

NATO Secretary-General Jens Stoltenberg: The defense industry needs contracts.

NATO Secretary-General Stoltenberg: Since last fall, we have been working hard to increase our defense production capacity.

NATO Secretary-General Stoltenberg: Sweden may join NATO before Vilnius summit.

NATO Secretary-General Stoltenberg: Sweden has made some progress in joining NATO.