🌍 China's economic indicators for April show a decline in the Caixin Services PMI, which stands at 50.7, down from 51.9. The Caixin Composite PMI also decreased to 51.1, compared to the previous figure of 51.8. These results suggest a slowdown in economic activity in the country.
🇺🇸🇮🇷 A new round of negotiations between the United States and Iran may take place on May 10-11, according to Axios, citing remarks from Whitcoff.
📈 In the morning session, the Moscow Exchange Index (IMOEX) saw an increase of 0.6%.
⚠️🇹🇼 A new bill has been introduced in the U.S. Congress aimed at deepening ties with Taiwan.
⚠️🇬🇧 Britain is developing an updated version of its action plan in case of war, amid fears of an attack from a hostile state, reports The Daily Telegraph.
⚠️🛢 Trump stated that the collapse in oil prices increases pressure on Russia and raises the chances for a peaceful deal with Ukraine.
⚠️🇺🇸 Google must sell two of its businesses that assist websites in buying, selling, and managing online advertising, following a judge's ruling that the company illegally monopolized these markets, announced the U.S. Department of Justice. For more details, visit the article here.
🚫🛢🇪🇺🇷🇺 The European Commission aims to completely ban imports of Russian gas into the EU by 2028. A roadmap for phasing out imports of Russian energy sources will be unveiled on May 6. The comprehensive plan for the total ban on Russian gas imports to EU countries is set to be presented in June, according to BBG.
⚠️ NATO and the EU are initiating programs to prepare for a military conflict with Russia, according to Russian Defense Minister Sergei Shoigu. Meanwhile, Britain is developing an updated version of its action plan in the event of a war with a hostile state, as reported by The Daily Telegraph.
⚠️ Export prices for Russian steel have fallen to levels not seen since the crisis of 2022, according to a report by Kommersant.
🚨 Hong Kong's central bank has conducted interventions in the foreign exchange market for the first time in a long while to maintain the trading band for the HKD against the USD, as established by the central bank.
🚀 Bernstein predicts that by 2029, corporations will purchase an additional BTC worth $330 billion.