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Switzerland Foreign Currency Reserves: 711B (May) vs previous 716B

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1Japanese Yen: BoJ risks skewed to stronger Yen – BBH2Japanese Yen comes under pressure as US PPI data boost US Dollar3Copper: Record prices with real constraints – NBC4Lagarde speech: Surprised by economic resilience5Gold: Near-term selling may only delay next leg higher - TD Securities6Lagarde speech: Can't anticipate what will be the next move7WTI US Oil rebounds toward $97 as US-Iran conflict escalates8Lagarde speech: Inflation to return to target towards end of 20279Euro weakens despite ECB rate hike as US PPI comes in hot

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