INTERNATIONAL: The CSX Index is currently at 505.29 Points down 1.43 Points or 0.28%

The Daily Exchange Rate: is 4,061 KHR to the USD$

Now a look what else is happing in finance around the world.

FINANCE 1: STOCKS GAIN ON IMPROVED SENTIMENT, CRUDE AT $120

Global equity markets rose on Monday on signs of an easing of COVID-19 pandemic-related and other restrictions by China and as investors took expected interest rate hikes in coming days in their stride despite crude oil hitting $120 a barrel.

The dollar gained against the euro ahead of a European Central Bank policy meeting on Thursday but risk appetite ebbed after being higher earlier on the day.

Sterling rose ahead of a confidence vote in Parliament that Prime Minister Boris Johnson won.

Didi shares closed up 24.3% after earlier surging more than 50% on the Journal report. The news earlier helped Hong Kong's Hang Seng tech index close 4.6% higher.

The major U.S. stock indexes rose, as did the big bourses for Britain (.FTSE), Germany (.GDAXI), France (.FCHI), Italy (.FTMIB) and Spain (.IBEX), all closing up 1% or higher.

The pan-European STOXX 600 index (.STOXX) rose 0.92% and MSCI's gauge of stocks across the globe (.MIWD00000PUS) gained 0.35%.

On Wall Street, the Dow Jones Industrial Average (.DJI) fell 0.08% after briefly dipping lower. The S&P 500 (.SPX) gained 0.20% and the Nasdaq Composite (.IXIC) added 0.25%. Growth shares (.IGX) rose 0.3%, or more than double the 0.1% advance in value stocks.

U.S. Treasury yields rose as the market prepared for the sale of $96 billion in debt this week and ahead of data on Friday expected to show U.S. inflation is still running hot.

The consumer price index (CPI) is expected to have gained 0.7% last month, compared with 0.3% in April, with annual inflation unchanged at 8.3%, according to the median estimate of economists.

The three U.S. debt auctions this week are likely to push yields higher as banks and investors prepare to absorb the issuance.

The yield on 10-year Treasury notes was up 8.5 basis points at 3.040%, the first time the benchmark's yields have topped 3% in almost three weeks.

At the ECB meeting on Thursday, President Christine Lagarde is considered certain to confirm an end to bond-buying this month and a first rate increase in July, though the jury is out on whether that will be 25 or 50 bps, as some investment banks ramped up their expectations.

Money markets are priced for 130 bps of rate increases by year-end, with a 50 bps move at a single meeting fully priced in by October.

A high number would only add to expectations of aggressive tightening by the Fed next week, with markets already priced for half-point increases in June and July and almost 200 basis points (bps) by the end of the year.

The dollar index rose 0.274%, with the euro down 0.23% at $1.0694. The yen weakened 0.73% at $131.85 and sterling rose 0.32% at $1.2528.

Oil prices were largely unchanged in choppy trade, buoyed by Saudi Arabia raising its July crude prices but amid doubts that a higher output target for OPEC+ producers would ease tight supply.

U.S. crude futures settled down 37 cents at $118.50 a barrel and Brent fell 21 cents to settle at $119.51.

Gold prices slid, pressured by an uptick in the dollar and Treasury yields.

U.S. gold futures settled down 0.4% at $1,843.70 an ounce.

BONDS SLIDE, YEN DUMPED AS INTEREST RATE HIKES LOOM.

SINGAPORE, June 7 - Asia's stock markets edged lower on Tuesday, the yen hit a 20-year low and bond markets wavered as investors nervously awaited U.S. inflation figures and central bank meetings in Australia, Europe and, next week, in the United States.

The 10-year Treasury yield rose 9.9 basis points (bps) overnight and hit 3.0580% early in the Asia session. The move has pulled the dollar higher and poured cold water on initial optimism about China's emergence from COVID lockdowns.

The dollar added another 0.6% against the yen on Tuesday to touch 132.75, its highest since 2002, as the Bank of Japan is a standout laggard while the rest of the world moves to try and hit inflation hard with interest rate hikes.

Ten-year gilt yields rose as far as 10.2 bps to a seven-year high of 2.256% on Monday.

MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) fell 0.8% as Hong Kong's market pared back some of Monday's gains. Japan's Nikkei (.N225) inched up 0.3%.

Markets are pricing about a 3/4 chance of a 40 bp hike that would bring the cash rate to 0.75%, and analysts think a rise of that magnitude could bring the Aussie dollar with it.

The Australian dollar wobbled 0.4% lower to $0.7169 in morning trade against.

The euro was pushed 0.2% lower and below its 50-day moving average to $1.0677, but kept from further losses by nerves about the possibility of a rate hike or hawkish tone from the European Central Bank, which meets on Thursday.

BITCOIN GAINS OVER 5% TO $31,441.76

Bitcoin rose 5.2% to $31,441.76 at 2000 GMT on Monday, adding $1,552.78 to its previous close.

The world's biggest and best-known cryptocurrency is down 34.8% from the year's high of $48,234 on March 28.

Ether , the coin linked to the ethereum block chain network, rose 3.17% to $1,862.14 on Monday, adding $57.16 to its previous close.