Up 7 bps on day at 6.99%.
EUR/USD very slightly easier on day, presently at 1.2498.
Timely comment from German government source just hitting the wires
“We would warn against ‘exaggerated panic-mongering’ over the very high interest rates currently for Spain and Italy”
Pillock!!
Most Popular
Sponsored
Argentina's Vaca Muerta shale output surges 30.4%! Exports rise $1.7B per $10 oil jump. Investors eye legal stability.
Japan data, March PPI 2.6% y/y (expected 2.4%, prior 2%)
Gemini Space Station jumps 9% on takeover rumors, but analysts urge caution on valuation.
APLD beats Q1 revenue estimates by 67% ($126.6M vs $75.7M), but stock dips. AI data centers drive growth.
Brent crude hits record highs on supply fears, but a ceasefire may cool the rally. Watch for volatility.
Moody’s Mark Zandi warns March payrolls overstate labour strength, with job growth weak outside healthcare. His VCI indicator suggests hidden slack and has already triggered a recession signal, keeping downturn risks near 50%.
NZ manufacturing PMI eased to 53.2 in March but remained in expansion. However, negative sentiment surged to 62% as the Iran war and global risks weighed on outlook, signalling solid Q1 growth but rising headwinds ahead.
Sponsored
Must Read
