First Squawk
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S&P 500 FALLS 2%, NASDAQ 100 DOWN 2.6%
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U.S WHITE HOUSE TRADE COUNSELOR NAVARRO SAYS MARKETS NEED TO LOOK BENEATH THE SURFACE || SAYS WE LIKE WHERE WE'RE AT NOW WITH RESPECT TO CHINA
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U.S CHICAGO PMI (APR) ACTUAL: 44.6 VS 47.6 PREVIOUS; EST 45.9
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FIFTY PERCENT OF REVENUE FROM ROYALTIES, PRODUCTION-SHARING AGREEMENTS ON NEW NATURAL RESOURCES PERMITS AND LICENSES WHICH UKRAINIAN STATE IS ELIGIBLE TO RECEIVE WILL GO INTO US-UKRAINE FUND – MINERALS DEAL DRAFT
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UKRAINE STATE TO GIVE USA, OR ITS DESIGNEE, FIRST REFUSAL ON NEW INVESTMENT OPPORTUNITIES FOR NATURAL RESOURCES, AND ON ISSUANCE OF NATURAL RESOURCE PERMITS AND LICENSES – DRAFT OF MINERALS AGREEMENT
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IF USA GIVES MILITARY ASSISTANCE TO UKRAINE IN FUTURE, THE COST OF THIS ASSISTANCE WILL COUNT TOWARD US CONTRIBUTION TO THE US-UKRAINE FUND - MINERALS DEAL DRAFT
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MINERALS DEAL DOES NOT COVER UKRAINE ENERGY OR PORT INFRA-STRUCTURE – DRAFT OF DEAL || DRAFT MINERALS DEAL DOES NOT OUTLINE HOW MONEY IN US-UKRAINE JOINT FUND WILL BE SPENT, OR WHO CONTROLS FUND’S SPENDING DECISIONS – DRAFT OF DEAL SEEN BY REUTERS
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TRADERS FULLY PRICE FOUR QUARTER-POINT FED CUTS BY END-2025
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CHINA'S TIKTOK TO INVEST 1 BLN EUROS IN FINLAND TO BUILD DATA CENTRE, SOURCES SAY - RTRS
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U.S PCE PRICE INDEX (MOM) (MAR) ACTUAL: 0.0% VS 0.3% PREVIOUS; EST 0.0%

U.S PCE PRICE INDEX (YOY) (MAR) ACTUAL: 2.3% VS 2.5% PREVIOUS; EST 2.2%

U.S CORE PCE PRICE INDEX (MOM) (MAR) ACTUAL: 0.0% VS 0.4% PREVIOUS; EST 0.1%

U.S CORE PCE PRICE INDEX (YOY) (MAR) ACTUAL: 2.6% VS 2.8% PREVIOUS; EST 2.6%

U.S PENDING HOME SALES (MOM) (MAR) ACTUAL: 6.1% VS 2.0% PREVIOUS; EST 0.9%

U.S PENDING HOME SALES INDEX (MAR) ACTUAL: 76.5 VS 72.0 PREVIOUS

U.S PERSONAL INCOME (MOM) (MAR) ACTUAL: 0.5% VS 0.8% PREVIOUS; EST 0.4%

U.S PERSONAL SPENDING (MOM) (MAR) ACTUAL: 0.7% VS 0.4% PREVIOUS; EST 0.6%

U.S REAL PERSONAL CONSUMPTION (MOM) (MAR) ACTUAL: 0.7% VS 0.1% PREVIOUS
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SPOT GOLD SLIGHTLY EXTENDS LOSSES AFTER US PCE DATA, LAST DOWN 0.4% AT $3,299.09/OZ
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ISRAELI STRIKES TARGET OUTSKIRTS OF SYRIA'S DAMASCUS -STATE NEWS AGENCY
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US-UKRAINE MINERALS DEAL HITS LAST-MINUTE HURDLE - FT
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NVDIA CEO JENSEN HUANG SAYS I'M CERTAIN WE CAN MANUFACTURE CHIPS ON SHORE WITH RESOURCES OF OUR COUNTRY- CNBC INTERVIEW
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U.S CRUDE OIL INVENTORIES ACTUAL: -2696K VS 244K PREVIOUS; EST -579K

U.S CUSHING CRUDE OIL INVENTORIES ACTUAL: 682K VS -86K PREVIOUS

U.S GASOLINE INVENTORIES ACTUAL: -4003K VS -4476K PREVIOUS; EST -1427K

U.S DISTILLATE INVENTORY ACTUAL: 937K VS -2353K PREVIOUS; EST -1714K
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US WANTS UKRAINE TO SIGN TWO ADDITIONAL DOCUMENTS AS WELL AS THE MINERALS DEAL AND KYIV THINKS THEY NEED MORE WORK, SOURCE FAMILIAR WITH THE MATTER SAYS
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AIRBUS Q1 EBIT EUR 500 MILLION || AIRBUS Q1 REVENUE EUR 13,500 MILLION || AIRBUS Q1 ADJUSTED EBIT EUR 600 MILLION

AIRBUS Q1 EPS EUR 1.01 || AIRBUS Q1 ADJUSTED FREE CASH FLOW EUR -300 MILLION || AIRBUS SE - 2025 GUIDANCE UNCHANGED

AIRBUS SE SAYS AS BASIS FOR ITS 2025 GUIDANCE, COMPANY EXCLUDES IMPACT OF TARIFFS ON ITS BUSINESS
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TRUMP SAYS NUMBERS TODAY REFLECT BIDEN, NOT HIM

TRUMP: I WAS VERY AGAINST EVERYTHING BIDEN DID ON ECONOMY

TRUMP: CORE GDP WAS UP, DESPITE DISTORTIONS

TRUMP PRAISES GROSS DOMESTIC INVESTMENT
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TRUMP SAYS TAKES A WHILE TO GET DOMESTIC FACILITIES BUILT || TRUMP: INVESTMENT IN THE US INCLUDES CHIP, CAR COMPANIES
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SAUDI ARABIA OFFICIALS IN RECENT WEEKS HAVE BRIEFED ALLIES, INDUSTRY EXPERTS, THAT KINGDOM CAN SUSTAIN PROLONGED PERIOD OF LOW OIL PRICES, FIVE SOURCES WITH KNOWLEDGE OF THE TALKS TELL REUTERS
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TRUMP: AT A CERTAIN POINT HOPE FOR DEAL WITH CHINA

TRUMP: FAIRNESS WITH CHINA INCLUDES IP
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