- HICP +6.5% vs +6.5% y/y prelim
No changes to the initial estimates, reaffirming the surge in inflation pressures in the French economy as energy and food prices both saw an acceleration in prices.
No changes to the initial estimates, reaffirming the surge in inflation pressures in the French economy as energy and food prices both saw an acceleration in prices.
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Petrobras hits record Q1 production, up 16.1% YoY. Refining utilization hits 95%. Strong operational momentum.
Meta's 33% revenue growth & 41% margin shine, but capex hike sparks sell-off. P/E now ~20.
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Japan basically confirmed FX intervention for first time in nearly two years after yen breached 160/USD, sending it 3% higher to 155.5. Mimura warns further action possible during Golden Week. US and Japan in extremely close contact on markets.
Valero Energy swings to $1.3B profit on strong refining margins; raises dividend 6%.
Alphabet & Caterpillar soar on strong earnings, while Meta dips on AI investment fears. Oil prices stabilize.
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