Daily Headline News

Global stocks are currently trading in different directions, while the Chinese economy has recorded a stronger than expected rebound. Wall Street closed slightly higher on Monday. Tesla's stock price rose 1.1%, while electric vehicle leaders cut bonuses at their Shanghai factory. Alphabet's stock price fell 2.66% on Monday, underperforming. It is reported that Samsung is considering changing its default search engine from Google to Microsoft's Bing smartphone.

The strengthening of the US dollar has stagnated now. This real-time US dollar index data shows that the ICE US dollar index, which measures the strength of the US dollar against a basket of six competing currencies, rose 0.8% on Monday.

The double pound/dollar and euro/dollar continued to decline on Monday. Currently, both the pound and the euro have risen against the US dollar. The US dollar/Japanese yen slowed down its pace yesterday, while the Australian dollar/US dollar is currently rising against both the Japanese yen and the Australian dollar, and its decline has slowed down.

At present, the yield of benchmark 10-year US treasury bond bonds has risen to 3.593%. The US stock market closed higher on Monday, with the New York State manufacturing activity index rising for the first time in five months in April. The three major stock benchmarks recorded daily gains of 0.28% to 0.33%, supporting the bet that the Federal Reserve will raise interest rates at next month's meeting.

European stock index futures are currently mixed on Monday, with financial services stocks leading the decline. Asian index futures saw mixed gains and losses today. Although the ASX 200 index of all Australian common stocks showed a year-on-year growth of 4.5% in the first quarter of the Chinese economy, futures led the decline.

Brent is currently acquiring. Oil prices fell on Monday. It was reported that the federal government of Iraq and the Kurdistan Regional Government (KRG) had reached an agreement on the crucial issue of restoring 450000 barrels of northern oil exports per day at Türkiye's Port of Ceyhan. West Texas Intermediate WTI in the United States fell slightly by 2.1%, but has currently risen. Brent fell 1.8% to $84.76 per barrel on Monday.

Gold prices are currently slightly higher. Spot gold fell 0.44% on Monday to $1994.69 per ounce.