US Durable Goods Orders ex Defense MoM (Mar) M/M -0.3% (Prev. -1.2%)
Durable goods orders excluding defense showing a decrease of 0.3% in March, which is an improvement over the prior decline of 1.2%.
Diageo (DGE LN) CEO says they intend to streamline the group, Bloomberg reports
Israeli PM Netanyahu is to visit the US next week for a meeting with US President Trump, Al Arabiya reports
US Durable Goods Orders ex Defense MoM (Mar) M/M -0.3% (Prev. -1.2%)
IAEA's Grossi says they want to inspect the Iranian facilities where nuclear materials are stored. Discussed with Russia and others the possibility of sending the highly enriched uranium out of the country. Such material must not remain in Iran.
White House official says US President Trump met energy executives Tuesday, discussed domestic production, Venezuela, oil futures, natural gas, and shipping
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This slight rebound may suggest stabilization in the manufacturing sector, but overall contraction indicates ongoing challenges. Market participants will look to how this data impacts expectations for future economic activity and potential implications for monetary policy, particularly in maintaining growth against inflation pressures.
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