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Golden Ten Data reported on May 11 that, according to the Financial Times, the UK government has announced a plan to attract £99 billion in overseas pension investments into key UK projects by 2035. A new agency led by the Investment Office, the "Supers Unit," aims to enhance cooperation and simplify the process for Australian pension funds to invest in growth sectors, including infrastructure, real estate, and private markets. Previously, UK Chancellor Reeves and Australian Treasurer Chalmers signed a memorandum of understanding during last month's International Monetary Fund meeting to support greater investment flows between the two countries' pension and retirement funds. UK Investment Minister Lord Jason Stockwood stated that this new unit "will pave the way for significant investment in key UK projects." According to a report by infrastructure investment firm IFM, as of mid-2025, Australian pension fund investments in the UK have reached approximately £41 billion.

Trump said Iran's response to the peace talk proposal is "completely unacceptable"; Iran stated it doesn't care. The US April non-farm payrolls data exceeded expectations, increasing by 115,000. The Australian dollar moved away from the lower Bollinger band, but downward pressure remains. Australia's first quarter Wage Price Index will be released on Wednesday, providing guidance for persistent service sector inflation.

Before Monday’s market open, ASX futures fell by 0.5%, indicating that the S&P/ASX 200 Index may give back last week’s gains. The benchmark index slumped 1.5% on Friday, narrowing its five-day gain to 0.2%. Prior to the open, pharmaceutical company CSL lowered its annual profit forecast and indicated it will record an additional $5 billion pre-tax asset impairment. Explosives manufacturer Dyno Nobel stated that after its first-half profit more than doubled, it expects to meet its annual profit target.