US NY Empire State Manufacturing Index (May) 19.60 vs. Exp. 8.1 (Prev. 11.00)
The stronger-than-expected NY Empire State Manufacturing Index indicates improved manufacturing activity in New York, significantly above expectations.
US Energy Secretary Wright says he thinks China will be a bigger buyer of US crude oil, via a CNBC Interview; says Strait of Hormuz is up to Iran
Gazprom to place bonds worth CNY 3bln at a final coupon rate of 7.85%, Interfax sources state
US NY Empire State Manufacturing Index (May) 19.60 vs. Exp. 8.1 (Prev. 11.00)
US PRE-MARKET MOVERS: AMAT, FIG, BOOT, MICC, DXCM, BW, PZZA, CHRW, AOS
Tata Steel (TATA IS) - Q4 (INR): Net income 29.3bln (exp. 30.77bln)
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This could suggest a more robust economic outlook, potentially affecting Federal Reserve policy considerations and influencing growth-inflation dynamics.
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