• The euro pulled back from recent six-month highs on Tuesday, but remained well-supported as fading worries over political populism and signs of improving economic conditions in Europe bolstered investor confidence.
The euro fell to $1.0921 EUR= from $1.1024, its highest level in six months, hit in early Monday trade on relief after centrist Emmanuel Macron's victory in France's presidential election.
• The U.S. government's review of a landmark 2010 financial reform law will not be complete by early June as originally targeted, and officials will now report findings piece-by-piece, with priority given to banking regulations, sources familiar with the matter said on Monday.
President Donald Trump has pledged to do a "big number" on the Dodd-Frank financial overhaul law, which raised banks' capital requirements, restricted their ability to make speculative bets with customers' money and created consumer protections in the wake of the financial crisis.
• Prime Minister Theresa May said on Monday her Conservative Party would keep its pledge to bring down net immigration to the United Kingdom down to "tens of thousands" per year if it wins an election next month.
United Kingdom's Prime Minister will introduce a cap on "unfair energy price rises" if she is re-elected on June 8, Theresa May wrote in the Sun newspaper on Monday.
• Bank of Japan Governor Haruhiko Kuroda gave a spirited defence of multilateralism on Tuesday, saying that questioning the value of globalisation along the lines of U.S. President Donald Trump was at odds with 21st century reality.
Kuroda said solely blaming globalisation for exacerbating income inequality overlooked the fact that global economic integration was mitigating poverty, including in Asia.
• Japan's March real wages fell at the fastest pace in almost two years, pressured by meager nominal pay hikes and a slight rise in consumer prices, posing a setback for Prime Minister Shinzo Abe's attempts to revitalize the economy.
Inflation-adjusted real wages dropped 0.8 percent in March from a year earlier to mark their biggest rate of decline since June 2015, labor ministry data showed on Tuesday.
• The International Monetary Fund said Asia's economic outlook faces "significant" uncertainty and downside growth risks from any sudden tightening in global financial conditions or rise in protectionist trade policies.
• South Koreans are voting in a presidential election, called early after a huge corruption scandal brought down their former leader.
Left-leaning Moon Jae-in is the clear front-runner with centrist Ahn Cheol-soo his nearest challenger.
Polls close at 20:00 local time (11:00 GMT), with the winner expected to be announced soon after.
• Oil prices gave up earlier gains on Tuesday, as concerns over slowing demand and a relentless rise in U.S. crude output undermined the impact of hopes that OPEC-led production cuts could be extended.
Brent crude futures, the international benchmark for oil prices, were at $49.33 per barrel at 0651 GMT on Tuesday, down from a high of $49.60 earlier in the day and near their last close.
U.S. West Texas Intermediate (WTI) crude oil futures were trading at $46.40 per barrel, down from an intra-day high of $46.66 and also little changed from their last settlement.
Reference: Reuters
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