Most Asian currencies eked out marginal gains on Monday as the dollar extended sharp losses after U.S. President Donald Trump delayed imposition of trade tariffs on the European Union, while the Chinese yuan ticked higher to its strongest level in six months.

Singapore’s key consumer price gauge came in above expectations in April, data showed on Friday, but it remained at a low level and authorities said the risks to inflation were tilted to the downside given the uncertain global economic environment.

Sunny weather boosted British retail sales in April and households grew cheerier this month, according to figures published on Friday that suggested consumers might be a bright spot in an otherwise drab outlook for the economy.

Hotter-than-expected Japanese consumer inflation increases the odds of a Bank of Japan rate hike in July, ING analysts said in a Friday note, especially as core inflation hit an over two-year high.

Oil prices dropped for a fourth consecutive session on Friday and were set for their first weekly decline in three weeks, weighed down by renewed supply pressure from another possible OPEC+ output hike in July.

U.S. business activity improved to a two-month high in May despite companies having to contend with inflationary pressures stemming from President Donald Trump’s sweeping tariff agenda, a survey from S&P Global showed on Thursday.