News

The total number of building permits in the United States in April was 1.442 million, compared with 1.385 million expected and the previous value of 1.363 million.

The total number of new housing starts in the United States in April was 1.465 million units at an annualized rate, compared with the expected 1.41 million units. The previous value was revised from 1.502 million units to 1.507 million units.

Bank of England Monetary Policy Member Taylor: The second round effect of inflation is unlikely to appear like in 2022.

United States Rare Earth (USAR.O) rose 3.7% before the market opened. The company was selected for the U.S. Department of Energy's pilot rare earth processing project and received financial support of up to US$19.3 million.

Iranian Foreign Ministry Spokesperson: Europe should learn from its experience of appeasement policy during World War II and stop doing nothing in the face of the Israeli regime.

Bank of England Monetary Policy Member Taylor: GDP growth is weak and is expected to continue to be so.

Bank of England monetary policy member Taylor: The economy has entered a weak state.

Bank of England Monetary Policy Member Taylor: Recent data show continued weakness in the labor market.

Kremlin: Russian President Vladimir Putin will meet with his cabinet on Friday to discuss improving the business environment.

According to RIA Novosti: The Ministry of Foreign Affairs of Belarus protested against the violation of the Belarusian border by drones from Vilnius.

Ukrainian Energy Minister: Italy will provide an additional 10 million euros for renovation and repair work in the energy sector.

German Foreign Ministry: We have told Iran that it must give up any efforts to pursue nuclear weapons.

Italian Foreign Minister: I have asked EU foreign policy chiefs to discuss sanctions against Israeli Minister Ben Gerver.

Morgan Stanley: Raised its target price for Nvidia to $288.00 from $285.00.

UBS: If supply disruptions last longer, oil prices could rise sharply in the short term to trigger significant demand destruction.

UBS: We still believe that risks to crude oil prices in the short term are tilted to the upside.

Wedbush: Raised Nvidia's price target to $330 from $300.

Argus Research: Increased Nvidia price target to $270 from $220.

Market News: The Court of Justice of the European Union ruled on Russia sanctions and freezing assets held by trusts is in compliance with EU law.

Microsoft: Multiple organizations are collectively investing more than $1 billion in a new initiative to accelerate the AI ​​transformation of enterprises.