The Chinese economy released the annualized consumer price index reading for the year ended May, which increased to 5.3%, more than a previous 5.3% a year earlier, while the market's expectations estimated of 5.5%.

Moreover China's PPI (YoY) released with an actual reading 6.8% during the year ended May, came inline with the last year reading, and the actual reading came above the analysts' forecasts that referred to 6.5%.