TRUMP ON TRUTH SOCIAL:

Europe is desperate for Energy, and yet the United Kingdom refuses to open North Sea Oil, one of the greatest fields in the World. Tragic!!! Aberdeen should be booming. Norway sells its North Sea Oil to the U.K. at double the price. They are making a
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WH SR. ADVISER HASSETT: INCREASE IN OIL PRICE WILL REVERSE.
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WH SR. ADVISER HASSETT: THERE IS ROOM FOR THE FED TO CUT.
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OVER 10,000 U.S. SAILORS, MARINES, AND AIRMEN, ALONG WITH MORE THAN A DOZEN WARSHIPS AND NUMEROUS AIRCRAFT, ARE CARRYING OUT A MISSION TO BLOCK SHIPS GOING TO AND FROM IRANIAN PORTS - CENTCOM
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BOEING: IN MARCH DELIVERED 46 AIRPLANES VS AIRBUS’ 60 DELIVERIES || DELIVERED 143 JETS IN Q1 VS 130 IN Q1 2025 || MARCH DELIVERIES INCLUDED 34 737S || IN Q1 BOOKED 149 NEW ORDERS AFTER CANCELLATIONS & CONVERSIONS || BACKLOG AS OF MARCH 31 AT 6,127 VS 6,151 AS OF FEB 28 || IN
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CENTCOM REPORTED THAT IN THE FIRST 24 HOURS, NO SHIPS PASSED THE U.S. BLOCKADE AND 6 MERCHANT VESSELS FOLLOWED U.S. FORCES' INSTRUCTIONS.
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CENTCOM ANNOUNCES A BLOCKADE ON SHIPS FROM ALL COUNTRIES ENTERING OR LEAVING IRAN'S PORTS AND COASTS.
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ISRAEL AND LEBANON HAVE BEGUN TALKS AT THE U.S. STATE DEPARTMENT.
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EUROGROUP CHAIR PIERRAKAKIS STATES THAT STAGFLATION IN EUROPE IS THE WORST POSSIBLE OUTCOME.
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EUROGROUP CHAIR PIERRAKAKIS STATED THAT THE EFFECT ON EUROPE WILL BE DETERMINED BY THE DURATION OF THE STRAIT OF HORMUZ CLOSURE.
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EUROGROUP CHAIR PIERRAKAKIS SAYS WE HAVEN'T REACHED STAGFLATION YET.
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FRANCE INCREASES 2026 INFLATION PREDICTION TO 1.9%.
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U.S TRUMP TELLS NY POST IRAN TALKS 'COULD BE HAPPENING OVER NEXT 2 DAYS' IN PAKISTAN
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U.S TRUMP TELLS NY POST WE'RE MORE 'INCLINED' TO GO TO PAKISTAN FOR IRAN TALKS
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RUBIO CALLS ISRAEL-LEBANON DISCUSSIONS IN WASHINGTON A 'HISTORIC OPPORTUNITY'.
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RUBIO STATES AWARENESS OF CHALLENGES POSED BY LONG-TERM HISTORY AND COMPLEXITIES.
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RUBIO STATES THIS IS ABOUT FINALLY ENDING 20-30 YEARS OF HEZBOLLAH'S INFLUENCE IN THIS REGION.
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RUBIO BELIEVES THESE DISCUSSIONS WILL BE A CONTINUOUS PROCESS.
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BRITAIN'S FTSE 100 UP 0.17%; GERMANY'S DAX UP 1.23%
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FRANCE'S CAC 40 UP 1.15%; SPAIN'S IBEX UP 1.36%
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KERING Q1 26 RESULTS:
- REVENUE: EUR3.57B (EST EUR3.59B)
- GUCCI REVENUE: EUR1.35B (EST EUR1.37B)
- RETAIL REVENUE IN MIDDLE EAST DECLINED BY 11%
- CFO SAYS DECLINE IN MIDDLE EAST SALES TOOK AWAY 1% OF OVERALL GROWTH IN Q1
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