Indian HSBC Services PMI Flash (Apr) 57.9 (Prev. 57.5)
The flash reading of the HSBC Services PMI for India at 57.9 indicates a slight improvement from the previous month's 57.5, suggesting that the services sector is experiencing solid growth momentum.
STMicroelectronics (STMPA FP) Q1 2026 (USD): EPS 0.13 (exp. 0.19), Revenue 3.10bln (exp. 3.06bln), Gross Margin 33.8% & above the mid-point of outlook range, due to a better product mix.
Nestle (NESN SW) Q1 2026 (CHF): Sales 21.3bln (exp. 21.1bln), Organic Growth 3.5%; maintains guidance
Indian HSBC Services PMI Flash (Apr) 57.9 (Prev. 57.5)
LG Display (066570 KS) Q1 net loss 571bln (exp. loss 28.8bln), oper. 147bln (exp. 112bln), rev. 5.53tln (exp. 5.68tln)
Iranian opposition sources said air defences were activated in Iran last night against unmanned aerial vehicles, according to N12
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This uptick may reinforce positive sentiment around economic activity and could have implications for monetary policy, possibly solidifying the case for maintaining or adjusting interest rates depending on broader economic data trends.
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