New Zealand Global Dairy Trade Price Index -3.4% (prev. +5.8%)
The drop in the New Zealand Global Dairy Trade Price Index by 3.4% follows a significant previous gain of 5.8%, indicating a reversal in dairy prices.
USTR Greer says that the US economic relationship with China is "stable"; US is not looking for a massive confrontation with China
US Energy Secretary Wright says repairing the Gulf energy infrastructure must be a "priority", Axios reports; acknowledges a "rough patch" until the war in Iran ends
New Zealand Global Dairy Trade Price Index -3.4% (prev. +5.8%)
The White House reportedly denies Washington's determination to use nuclear weapons in Iran, via Al Hadath
UK DMO sets 4.875% coupon on July 2036 convention Gilt, to be sold through syndication in the week starting Apr 13th
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This decline could reflect weakening demand or oversupply issues, impacting agricultural markets and possibly influencing inflation expectations given dairy's role in food prices.
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