Currently enjoying the euro rebound at 0.7217 but offers nearby. UK data at the bottom of the hour
Offers 0.7225-30 0.7255-60 0.7280 0.7300 0.7320-25 0.7350
Bids 0.7200 0.7185 0.7165 0.7150 0.7130 0.7100
Offers 0.7225-30 0.7255-60 0.7280 0.7300 0.7320-25 0.7350
Bids 0.7200 0.7185 0.7165 0.7150 0.7130 0.7100
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UAL CEO doubts eVTOL airport ops, risking ACHR deal. JOBY looks safer.
Jobless claims hit 189K, a 57-yr low! Labor market's tight, signaling strong economic health.
Oil jumps 12% on Strait of Hormuz fears; Brent nears $111, WTI $105. Supply pinch looms.
Pipeline revival! Expect 1M bpd oil boost. Traders watch energy sector gains.
Reuters poll: RBA to hike 25bps to 4.35% on May 5, say 30 of 33 economists. Over a third now see rates at 4.60%+ by year-end vs none in March. Strait of Hormuz closure keeps oil above $100; CPI at 4.1%.
UAE exits OPEC, boosting output to 5M bpd by 2027. Risks price wars, hurting African producers with higher breakeven points.
Intel's 300%+ rally faces valuation risk; P/E near 90, but AI segment grows 40%.
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