Indian HSBC Composite PMI Final (Apr) 58.2 (Prev. 57.0)
The final reading of India's HSBC Composite PMI for April came in at 58.2, up from a previous 57.0, indicating robust expansion in private sector activity.
China has ordered its oil refineries that purchase crude from Tehran not to comply with or enforce US sanctions on Iranian oil, CNN reports
Newsquawk Daily European Opening News - 6th May 2026
Indian HSBC Composite PMI Final (Apr) 58.2 (Prev. 57.0)
Iranian Foreign Minister Araghchi told his Chinese counterpart that Iran will only accept a fair and comprehensive agreement
[MARKET UPDATE] USD/JPY dips below 156.00 amid intervention speculation; JPY strength spurring broader DXY weakness and lifting EUR and GBP to session highs
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This stronger-than-expected figure suggests continued growth momentum, which could support a positive outlook for the Indian economy and influence monetary policy considerations moving forward.
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