IMF Pakistan task force leader: The IMF will continue to work with the Pakistani authorities to complete the 9th review after the necessary financing is in place and the agreement is finalized. The IMF will support the authorities in implementing policy in the period ahead, including technical work to prepare the FY2024 budget.

Barclays: Indonesia will still benefit from lower commodity prices.

U.S. natural gas futures were down 3.00% on the day and are now at $2.037/MMBtu.

NZD/USD rose to a one-month high against the U.S. dollar and is now at 0.6312, up 0.51% on the day.

Singaporean Prime Minister Lee Hsien Loong and Japanese Prime Minister Fumio Kishida met on May 5.

Brent crude oil hit $73 a barrel, up 0.75% on the day.

GBP/USD rose by more than ten points in the short-term and is now at 1.2607, a new high since June 2022.

European Mediterranean Seismological Center: A 5.0-magnitude earthquake struck Guam.

The dong rose to its highest level against the dollar since last August.

"New Debt King" Gundlach: The Fed will not raise interest rates again.

U.S. Secretary of State Blinken discussed the Syrian conflict with his Jordanian counterpart.

HSBC: Bank Negara Malaysia likely to keep rates on hold until Q4 2024 after unexpected 25bp rate hike.

[Expert: Many factors have driven the international gold price to hit a record high] The international gold price has continued to rise in recent days, and the spot price of gold once rushed to US$2,080 per ounce on May 4, hitting a record high. Market analysis believes that, on the one hand, from the perspective of market sentiment, gold has benefited from the increase in safe-haven demand. Powell, on the other hand, was dovish on further interest rate policy. Affected by this, the U.S. dollar and U.S. bond yields continued to fall, and gold and silver rose sharply due to strong stimulus. Marex metals analyst Edward Mayer said investors were closely watching U.S. debt-ceiling talks and the subsequent Federal Reserve meeting, which could provide some guidance for expected gold prices. "Gold may be more sensitive to upside risks given the unease tone in the banking sector and uncertainty about the debt ceiling," said Standard Chartered analyst Suki Cooper. The international gold price will fluctuate further."

RBA: Committee wants to preserve employment growth as much as possible.

RBA: The longer inflation remains above target, the greater the risk of price and wage spirals.

RBA: Energy price inflation will remain high this year.