Tensions rise even further in the gulf. Iranian forces seize an oil tanker. Shery lets get you started with a quick check on how markets closed on thursdays session in the u. S. Equity indices mostly lower for most of the session before they saw a rebound after the dovish comments coming out of fed officials. , being led up. 4 higher by financials and consumer stocks, not to mention the fact that chipmakers gained ground. We had a positive outlook from an apple supplier. We had some geopolitical news being felt across the market. We had u. S. Equities gain a little bit of ground after we heard the report that iran offered is attentive deal a so antative deal to the u. S. Substantive deal to the u. S. Are paring back earlier gains at the moment unchanged. Lets see how we are setting up for the asian market. With that being said, is just off look set to track the event we saw on wall street. Kospi may find support after a twoday drop. Calls for fiscal stimulus from the government after t
From germany and we are now getting gdp from the italian economy, growing 0. 3 in the First Quarter. The vague question is whether a lot of this growth comes from the ecb and a lower euro or whether it comes from Sustainable Growth thanks to reforms put in place for example by the italian government. Gdp growthent, that pretty much in line. This is your market, or these are your markets this morning. Stocks in europe dropping a touch because we had quite a lot of earnings that disappointed. We also had subdued Economic Data. Gdp in germany was a little better than expected. Haven assets including japanese yen, gold, also in fencing. Also advancing. The Australian Dollar slid to a twomonth low. Were also just kidding, i believe, breaking news from china. Aggregate financing number, 751 million. Lets get straight to the bloomberg first word news with nejra cehic. Nejra germanys economy grew at its fastest pace in two years. Gdp rose just north of 2 in the month ended march 31. That being