EUR/USD
1.17264
-0.036%
Gold
4621.51
-0.005%
Oil
102.719
0.205%
USD/JPY
157.081
0.299%
GBP/USD
1.36004
-0.018%
GBP/JPY
213.640
0.291%
Real-time News
Japans Tokyo unadjusted CPI rose 0.6% month-on-month in April, down from 0.3% in the previous month.Japans Tokyo CPI rose 1.5% year-on-year in April, below the expected 1.70% and the previous reading of 1.40%.Japans core CPI in Tokyo rose 1.5% year-on-year in April, below the expected 1.80% and the previous reading of 1.70%.May 1 – Brazils state-owned oil and gas company, Petrobras, reported record oil and gas production in the first quarter, with its refineries operating near full capacity. This underscores Brazils growing importance in the global energy market amid the impact of the Iran-Iraq conflict. Petrobras stated that oil and gas production increased by 16% year-on-year, reaching 3.23 million barrels of oil equivalent per day. Its refinery capacity utilization rate reached its highest monthly level since 2014 in March, currently standing at 95%, reducing the need for fuel imports. The increased production and refining capacity of Petrobras will help the country cope with the economic impact of the conflict in the Middle East. The companys management has been working with the government to control rising fuel prices and ensure stable supply.May 1st - Despite Apple (AAPL.O) stating it expects continued chip supply constraints, its quarterly revenue guidance exceeded expectations, driving its stock price up in after-hours trading. Apples CFO stated that the company expects third-quarter revenue to grow 14% to 17% year-over-year, higher than Wall Streets expectation of 9.5%. Apple is no longer committed to bringing its net cash (cash minus debt) to zero. Apple set this goal in 2018, but at the end of its first fiscal quarter in January of this year, its net cash was still $54 billion.
