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Germanys preliminary manufacturing PMI for May will be released in ten minutes.Frances May manufacturing PMI preliminary reading came in at 48.9, a six-month low; Frances May manufacturing output index preliminary reading came in at 46.4, also a six-month low. Frances May services PMI preliminary reading came in at 42.9, a 66-month low; Frances May composite PMI preliminary reading came in at 43.5, a 66-month low.Frances May composite PMI preliminary reading was 43.5, below the expected 47.7 and the previous reading of 47.6.Frances preliminary services PMI for May was 42.9, below the expected 46.6 and the previous reading of 46.5.Futures News, May 21st: Shanghai Futures Exchange (SHFE) Energy and Chemical Warehouse Receipts and Changes: 1. Pulp futures warehouse receipts: 201,824 tons, an increase of 2,980 tons compared to the previous trading day; 2. Pulp futures mill warehouse receipts: 20,000 tons, unchanged compared to the previous trading day; 3. Offset paper futures warehouse receipts: 957 tons, unchanged compared to the previous trading day; 4. Offset paper futures mill warehouse receipts: 6,560 tons, unchanged compared to the previous trading day; 5. Fuel oil futures warehouse receipts: 47,160 tons. 6. Petroleum asphalt futures warehouse receipts: 21,120 tons, unchanged from the previous trading day; 7. Petroleum asphalt futures factory warehouse receipts: 31,220 tons, unchanged from the previous trading day; 8. Medium-sulfur crude oil futures warehouse receipts: 3,511,000 barrels, unchanged from the previous trading day; 9. Low-sulfur fuel oil futures warehouse receipts: 0 tons, a decrease of 1,540 tons from the previous trading day; 10. Low-sulfur fuel oil futures factory warehouse receipts: 0 tons, unchanged from the previous trading day.

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Sources: Jin10.com