"China's Stocks Surge, Japan's Nikkei Slides Amid Economic Data"

Chinese shares surged in response to positive economic data, while Japanese stocks fell as the yen hovered near levels that could prompt currency intervention. U.S. stock futures indicated a higher open, supported by easing inflation pressures and expectations of a June interest rate cut. Gold reached a new record high, and crude oil remained firm amid improved Chinese economy and anticipated OPEC+ output cuts. The dollar held steady against the yen, prompting concerns of intervention, while the euro and sterling remained stable.