Market news: The South African government requested a meeting with the US ambassador.

Bank of America: $13.8 billion flowed into cash funds, the 4-week average was a 10-week low; $2 billion flowed into stocks.

Bank of America: Technology funds achieved an inflow of US$3 billion, a new high in December 2021, while financial funds achieved an outflow of US$2.1 billion, a new high since May 2022.

Kremlin: Russia did not interfere in any elections.

Asked about allegations of Russian meddling in the upcoming Turkish election, the Kremlin said it did not know what prompted such an assertion.

Bank of America: The bull-bear indicator rose to 3.4, in the neutral range, up from 3.2 last week.

Bank of America: Gold funds received $1.3 billion inflows, the largest inflow since April 2022.

Bank of America: As of the week of May 10, bond fund inflows were US$6.3 billion, the highest in six weeks.

Japanese Ministry of Finance official: The United States has thoroughly explained the debt ceiling issue.

IMF: Real interest rates in the Philippines are not high yet.

Minutes of Czech central bank meeting: board members agree that no interest rate cut will be considered for now.

IMF official: Philippine monetary policy may need to remain tight.

Japanese Ministry of Finance officials: need to urgently address financial stability issues.

[European natural gas prices fell for six consecutive weeks, weather changes may stop prices] European natural gas benchmark futures have fallen by more than 50% this year and are expected to record a sixth consecutive week of decline, the longest in three years. While cheaper natural gas has opened the door to a shift away from coal generation, overall consumption remains low even as the region recovers from the energy crisis. Fabian Ronningen, electricity analyst at Rystad Energy AS, said electricity demand is currently very low in most European countries and May will be the first full month in which gas is much cheaper than coal and perhaps we will see stronger signs of a shift . Traders are watching the situation evolve in the coming months. Analysts at trading firm Energi Danmark a/S said the market was calm due to strong supply and it may have to wait for a heat wave in Europe or Asia to change the situation.

Japanese Ministry of Finance official: Will support Ukraine as much as possible.

Market news: French antitrust authority investigates tourism sector.

Market news: Singapore Exchange derivatives trading volume in April was 17.7 million.

Market news: Total securities market turnover on the Singapore Exchange in April was S$18.6 billion.

Central Bank of Serbia: Foreign exchange reserves reached a record 21.5 billion euros at the end of April.