Headlines:Markets pensive awaiting US PPI dataUS unveils steep tariff hikes on Chinese chips, carsChina expresses strong dissatisfaction to US tariff hikesBOE's Pill: We can cut interest rates while maintaining restrictive policy stanceBOE's Pill: There is still some work to do on inflation persistenceUK March ILO unemployment rate 4.3% vs 4.3% expectedWhat has changed after the UK jobs data?Germany May ZEW survey current conditions -72.3 vs -75.8 expectedUS April NFIB small business optimism index 89.7 vs 88.5 expectedOPEC leaves world oil demand growth forecast unchanged in latest monthly reportMarkets:JPY lags on the dayEuropean equities little changed; S&P 500 futures flatUS 10-year yiel
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