News

The ISM output index of the United States in April was 53.4, compared with the previous value of 55.1.

ExxonMobil (XOM.N) CEO: Once the Strait of Hormuz is reopened, currently suspended production facilities in the Middle East can resume production relatively quickly, but the damaged Qatar LNG production line will take longer.

ExxonMobil (XOM.N) CEO: It will take 1-2 months for normal shipping traffic to return to normal after the Strait of Hormuz is reopened.

The final value of the S&P Global Manufacturing PMI in the United States in April was 54.5, which was 54 expected and the previous value of 54.

The final value of the S&P Global Manufacturing PMI for April in the United States will be released in ten minutes.

The Philadelphia Semiconductor Index fell nearly 1%. Nvidia (NVDA.O) rose 1.67%, TSMC (TSM.N) fell 0.82%, Broadcom (AVGO.O) fell 0.29%, and Micron Technology (MU.O) fell 0.6%.

Pakistani officials: Iran’s latest response to the terms of the US peace deal has been sent to US officials.

U.S. stocks opened, with the Dow Jones Industrial Average up 0.36%, the S&P 500 Index up 0.4%, and the Nasdaq Composite Index up 0.3%. SanDisk (SNDK.O) fell 2.7% and Western Digital (WDC.O) fell 6%. The market believed that the performance guidance of the two companies was not impressive enough. ExxonMobil (XOM.N) and Chevron (CVX.N) fell 1.1% and 1.2% respectively. Apple (AAPL.O) rose 2.7%.

Ukrainian Air Force: Russia launched 409 drones between 08:00 and 15:30 local time on Friday.

The mayor of Ternopil, a city in western Ukraine, said that a Russian drone attack injured 10 people and hit industrial and infrastructure targets.

Exxon Mobil Oil (XOM.N): Export bans and price caps will lead to reduced supply.

According to US media Axios: Iran responded to the United States through the Pakistani mediator on Thursday regarding the latest US amendments to the agreement to end the war.

ExxonMobil (XOM.N) CEO: About 15% of production is affected by the closure of the Strait of Hormuz.

Fed Kashkari: If inflation expectations lose their anchor, interest rates will need to be raised.

Peel, chief economist of the Bank of England: So I think we should respond more quickly to new inflationary pressures.

Peel, chief economist of the Bank of England: The main difference between me and most of the monetary policy committee is that before the Iran war, I was more worried about the problem of inflation falling and stagnating.

Ukrainian Security Service: Attacked an oil terminal and a refinery in the Russian port of Tuapse, causing fires.

Fed's Kashkari: The Fed should indicate that the next move may be to raise or lower interest rates.

Fed Kashkari: Dissented at the Federal Open Market Committee meeting, as uncertainty over the Strait of Hormuz means the Fed should acknowledge the risk of raising interest rates in its statement.

Fed Hammaker: Inflationary pressures are widespread and energy is pushing up prices.