Prior +3.4% HICP +3.5% vs +3.5% y/y expected Prior +3.4% There is a little bit of good news here as Spanish headline annual inflation comes in softer than estimated. That being said, the EU-harmonised reading did reflect a jump to 3.5% from 3.4% in the month before. So, one can argue that it is a…

Classover stock jumps after-hours after TIME names it a top EdTech company, highlighting its AI and robotics expansion. Importance Rank:  1 read more

Forget Nvidia. Strategist Steve Sosnick explains why "worker bee" chips like Micron and Texas Instruments are real winners of the AI boom. Importance Rank:  1 read more

EUROPEAN SESSION In the European session, we don't have much on the agenda other than a couple of low tier releases like the Spanish retail sales or Italian industrial production that are not going to change anything for the ECB. The focus remains on US-Iran headlines as the current stalemate is pushing oil prices…

Acting US Attorney General Todd Blanche said developers will no longer be investigated or charged unless they knowingly help third parties commit crimes.

Brent crude at highest level in three weeks

The S&P 500 enters the final week of April on the heels of a strong performance, having gained 0.80% on Friday to close at 7,165.08. However, fresh geopolitical friction over the weekend is testing investor resolve as the new trading week begins. Importance Rank:  …

EUROPEAN SESSION As is typical for a Monday, the European session calendar is empty. The markets will likely continue to consolidate as we await some breakthrough in the current US-Iran stalemate. Iran proposed reopening the Strait of Hormuz in exchange for the lifting of the US blockade, with nuclear talks to follow at a…

U.S. leaders condemn political violence after White House Correspondents' Dinner shooting injures Secret Service agent, urging unity and stronger security. Importance Rank:  1 read more

Beijing threatens unspecified retaliation over fears that bill to strengthen bloc’s industry will hurt its companies