US Dallas Fed Manufacturing Index (Apr) -2.3 (Prev. -0.2)
The US Dallas Fed Manufacturing Index fell to -2.3 in April from a previous -0.2, indicating a deeper contraction in manufacturing activity.
Citrini's Jukan says POET Technologies (POET) is "honestly ridiculous."
Iran's Foreign Minister confirms that the US has requested negotiations, this is due to the US not meeting any of its objectives
US Dallas Fed Manufacturing Index (Apr) -2.3 (Prev. -0.2)
Pershing Square (PSH LN) set to raise USD 5bln at IPO, Bloomberg reports
UK Conservative Party (the opposition) expects PM Starmer to win the vote regarding a referral to the Privileges Committee, Bloomberg's Wickham reports; looking to use it as an opportunity to target Labour MPs in the upcoming May 7th local elections
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This stronger-than-expected decline could suggest weakening economic conditions, which may prompt a reassessment of Fed policy and rate trajectories. Traders should consider the implications for risk appetite and the potential for a downward movement in yields as market participants adjust expectations accordingly.
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