First Squawk
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Citi lifts its 2026 year-end target for the MSCI EM index to 1,770, up from 1,540.
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Ukraine’s foreign minister said he emphasized the need to release a €90 billion loan in talks with the EU’s Kallas.
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Renault Korea to launch new models annually through 2029, produce next-gen EVs in Busan from 2028-YONHAP
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Ukraine’s Zaporizhzhia Nuclear Power Plant has lost all off-site electricity supply this morning, the IAEA says.
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BNP Paribas has been named core banking and fund-servicing partner by Janus Henderson Group across selected markets in Europe and Asia-Pacific.
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Iran’s government puts initial war damage estimates at approximately $270 billion.
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European futures trade higher, with Euro Stoxx 50 up 0.5%, DAX up 0.67%, CAC 40 up 0.2%, and FTSE up 0.04%.
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NORWAY HOUSE PRICE INDEX (Q/Q) Q1: 0.6% (PREV 2.2%)
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SWEDEN CPIF Ex Energy (M/M) MAR: -0.3% (est -0.3%; prev -0.3%)
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SWEDEN CPIF Ex Energy (Y/Y) MAR: 1.1% (est 1.1%; prev 1.1%)
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SWEDEN CPIF (M/M) MAR: -0.6% (est -0.6%; prev -0.6%)
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Iran’s oil minister Paknejad says oil sales since the start of the war have been “favourable,” with part of the proceeds to be used to rebuild the industry, Fars News reports.
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Nissan will keep its approach of developing and manufacturing products within China, the CEO says.
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NORWAY HOUSE PRICE INDEX (Q/Q) Q1: 0.6% (PREV 2.2%; PREV R 2.1%)
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Israeli media say negotiations with Lebanon today are intended to outline a general framework along with timelines.
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Cartier, Nissan’s production chief, says the target is to achieve around 20% market share in Mexico.
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Chinese team shows quantum tech can disrupt AI in a real world task-SCMP
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Spain’s prime minister Sánchez says he spoke with Xi about necessary reforms to the multipolar global system.
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Spain’s prime minister Sánchez says the two sides are signing deals to expand Spanish agricultural exports to China and enhance cooperation in transport and infrastructure.
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Spain’s prime minister Sánchez says strengthening ties with China is in the interest of Spain and Europe.
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The ASX 200 finishes the session 0.5% higher at 8,970.80 points.
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