Hungarian Central Bank Governor Varga: He will be happy to provide assistance as long as the incoming government's economic policy is clear and will not trigger inflation.

Barclays: Lowered its target price on Microsoft (MSFT.O) to $545 from $600.

Amona Bakker, Energy Intelligence Group Reporter: One thing I know about OPEC is that the organization is constantly evolving. Some countries join and others withdraw, but the organization still exists.

[Summary of early trading futures news on April 30, 2026]1. Morgan Stanley expects the Federal Reserve to keep interest rates unchanged in 2026. It had previously forecast interest rate cuts in September and December. The Fed is currently expected to cut interest rates by 25 basis points each in January and March 2027. 2. Trump plans to receive a briefing from U.S. Central Command Commander Brad Cooper on Thursday regarding new plans for potential military action against Iran, two people familiar with the matter said. The briefing showed that Trump is seriously considering resuming large-scale combat operations to break the deadlock in negotiations or deliver a decisive blow before ending the war. 3. We learned from the National Development and Reform Commission that the list and funding arrangements for the second batch of 91.5 billion yuan "two new" equipment update projects in 2026 have been issued. In addition to the 93.6 billion yuan previously allocated, a total of 185.1 billion yuan has been allocated to update the two new equipment this year, accounting for 92% of the annual 200 billion yuan. 4. As the production shutdown node widely expected by the market approaches, new changes have occurred in the license renewal of the Yichun lithium mine in Jiangxi. According to the official website of the Jiangxi Provincial Department of Natural Resources, after the income assessment reports and other materials from the mining rights transfer of the four porcelain clay mines in Yichun were publicized on April 7, the Dagang China Clay Mine in Huaqiao Township, Yifeng County, and the Tongan Porcelain Mine in Tong'an Township, Yifeng County successively raised objections during the publicity period, and the evaluation reports of the remaining two have been made public and effective. So far, the evaluation agency has issued two replies, rejecting both companies' objections and maintaining the original evaluation results. The publicity period for the relevant objection verification replies will last until May 12. 5. A Ministry of Trade decree announced by the Indonesian Ministry of Trade on Thursday showed that Indonesia has set the crude palm oil export reference price in May at US$1,049.58 per ton, an increase from US$989.63 in April. Based on the new reference price, the export tax on crude palm oil in May will be increased accordingly to US$178 per ton. 6. Judging from the steel industry PMI surveyed and released by the China Internet of Things Steel Logistics Professional Committee, it was 49.2% in April 2026, a month-on-month decrease of 1.4 percentage points, indicating that the operation of the steel industry has fluctuated. 7. The Service Industry Survey Center of the National Bureau of Statistics and the China Federation of Logistics and Purchasing released today the China Purchasing Managers Index in April. Among them, the manufacturing purchasing managers index continued to run in the expansion range after rising to the expansion range in March, indicating that the manufacturing boom level is generally stable and the manufacturing industry continues to perform well. 8. The Ministry of Agriculture and Rural Affairs held the founding meeting of the Pig Industry Monitoring and Early Warning Expert Advisory Committee. The meeting emphasized that the current supply and demand relationship in the pig industry has undergone profound changes, and it is necessary to strengthen comprehensive regulation of production capacity. 9. According to Longzhong Information, as of April 30, 2026, the total inventory of domestic soda ash manufacturers this week was 1.8088 million tons, a decrease of 0.55 million tons or 0.30% from Monday. Among them, light soda ash was 911,200 tons, a month-on-month decrease of 7,000 tons, and heavy soda ash was 897,600 tons, a month-on-month increase of 1,500 tons. 10. According to Mysteel statistics, the approved capacity utilization rate of 523 coking coal mine samples was 91.3%, a decrease of 2.3% from the previous month. The average daily output of raw coal was 2.039 million tons, a decrease of 52,000 tons from the previous month.

Sources: Japan's subsidy measures from July to September may cost about $3.1 billion.

Sources: The Japanese government is considering reinstating electricity and gas subsidies this summer. The government plans to use reserve funds and is not currently considering additional budget increases.