China's March exports, measured in US dollars, grew 2.5% year-on-year, while imports rose 27.8% year-on-year.
China's natural gas imports in March fell to their lowest level in over three years; electric vehicle exports surged 77% in Q1, and lithium battery exports grew by 50%.
Inflation came in well below expectations! The US Producer Price Index (PPI) for March rose 4% year-on-year, reaching a three-year high.
Western media reports that the US and Iran will launch a new round of negotiations this week; Iran quickly debunked the reports as "baseless"!
Reports indicate Iran is considering suspending shipping through the Strait of Hormuz to gain leverage in the upcoming negotiations.
Japan's 20-year government bond auction saw subscription multiples hit their highest level since 2019, causing yields on long-term Japanese bonds to fall.
Walsh has submitted financial disclosure documents, taking a critical step in the confirmation process for the new Federal Reserve Chair.
The IEA significantly downgraded its 2026 global oil outlook: demand shrank for the first time in six years amid the largest supply disruption on record.
Amazon plans to acquire Globalstar, directly challenging Elon Musk's Starlink.
JPMorgan Chase reported Q1 revenue of $50.5 billion, beating expectations; trading operations soared to an all-time high, while investment banking business jumped 38%.
The Nikkei 225 index closed up 2.4%, the Shanghai Composite closed up 0.95%, and the Hang Seng Index closed up 0.82%.