Mixed Markets…Asia Green, Europe RED…Light data day for US
- Hong Kong: Hang Seng MARKET CLOSED HOLIDAY
- China CSI 300 MARKET CLOSED HOLIDAY
- Taiwan KOSPI +0.44%
- India Nifty 50 +0.91%
- Australia ASX +0.31%
- Japan Nikkei -0.73%
- All European bourses in negative territory so far this morning
- US indices in pretty flat so far this morning in pre-market USD FLAT
Overnight Data/News
- UK Nationwide House PX (M/M) Apr: 0.5% (est -0.5%; prev -0.8%) – UK Nationwide House PX NSA (Y/Y) Apr: -2.7% (est -3.7%; prev -3.1%)
- UK S&P Global/CIPS Manufacturing PMI Apr F: 47.8 (est 46.6; prev 46.6)
- German Retail Sales (M/M) Mar: -2.4% (est 0.4%; prevR -0.4%) – German Retail Sales NSA (Y/Y) Mar: -8.6% (est -6.5%; prevR -5.9%)
- German HCOB Manufacturing PMI Apr F: 44.5 (est 44.0; prev 44.0)
- Swedish Swedbank/Silf PMI Manufacturing Apr: 45.5 (prev 45.7)
- Spanish HCOB Manufacturing PMI Apr: 49.0 (est 49.9; prev 51.3)
- Swiss PMI Manufacturing Apr: 45.3 (est 47.3; prev 47.0)
- Swiss Domestic Sight Deposits (CHF) Apr 28: 506.5B (prev 520.4B) – Swiss Total Sight Deposits (CHF) Apr 28: 523.9B (prev 538.4B)
- Italy HCOB Manufacturing PMI Apr: 46.8 (est 49.9; prev 51.3)
- French HCOB Manufacturing PMI Apr F: 45.6 (est 45.5; prev 45.5)
- Eurozone HCOB Manufacturing PMI Apr F: 45.8 (est 45.5; prev 45.5)
- Eurozone M3 Money Supply (Y/Y) Mar: 2.5% (est 2.4%; prev 2.9%)
- Eurozone CPI (Y/Y) Apr P: 7.0% (est 6.9%; prev 6.9%) – Eurozone CPI (M/M) Apr P: 0.7% (est 0.7%; prev 0.9%) – Eurozone CPI Core (Y/Y) Apr P: 5.6% (est 5.6%; prev 5.7%)
- US Allies Prepare For Possibility Of War Over Taiwan – Axios
- Samsung Bans Generative AI Use By Staff After ChatGPT Data Leak – BBG
- Stock Pickers On Wall Street Are Going All-In On Recession Bets – BBG
- Slowing Demand For Fuel Adds To Fears Of Looming US Recession – FT
- China Dominates Global IPO Market As Wall Street Fails To Rebound – FT
- BANKS TIGHTENED CREDIT STANDARDS MORE THAN EXPECTED IN 1Q – BBG
US DATA TODAY