European Movers: Puma (PUM GY) +4.9%, GEA Group (G1A GY) +3.5%, Currys (CURY LN) +2.1%, Porsche (P911 GY) +0.4%, STMicroelectronics (STMPA FP) -2.4%
BoJ Deputy Governor Uchida (post-policy press conference) says the primary difference between April and June is the reduced risk on the economy
Westpac, post-RBA, retains its view that "further cash rate increases are coming... if June inflation is strong, the next hike will be August."
European Movers: Puma (PUM GY) +4.9%, GEA Group (G1A GY) +3.5%, Currys (CURY LN) +2.1%, Porsche (P911 GY) +0.4%, STMicroelectronics (STMPA FP) -2.4%
Iranian Oil Minister announces plan to rapidly increase gas production in fields covered by the Central Iranian Oil Company
Sweden's NIER cuts its 2026 GDP growth to 2.2% (prev. 2.5%)
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Currys (CURY LN) upgraded to Outperform to Sector Perform at RBC
GEA Group (G1A GY) upgraded to Buy from Hold at Deutsche Bank
Porsche (P911 GY) upgraded to Equal Weight from Underweight at Barclays
Puma (PUM GY) upgraded to Buy from Hold at HSBC.
STMicroelectronics (STMPA FP) - Co. is to sell 2 tranches of USD-denominated bonds, totalling USD 1.5bln. (STMicroelectronics)
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