US demands on Iran drew swift rebuff – Danske Bank

US State Secretary Mike Pompeo laid out 12 'basic requirements' to Iran for sanctions relief, including a halt to all uranium enrichment and its ballistic missile programme, notes the research team at Danske Bank.

Key Quotes

“The demands drew swift rebuff from Iran's president Rouhani and the EU's foreign policy chief, indicating the lingering tensions about the future of the Iran nuclear deal.”

Sweden Unemployment Rate came in at 6.8%, above forecasts (6.6%) in April

Sweden Unemployment Rate came in at 6.8%, above forecasts (6.6%) in April
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UK: Carney to draw attention today - Rabobank

In the UK, public sector borrowing data along with CBI selling prices survey will be released and in addition, another round of Brexit negotiations is
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