Swedish Prime Minister: The government has approved two offshore wind farms.

The U.S. one-month Treasury yield rose to a record high of 5.837%, up 24 basis points on the day.

According to Interfax: Russia has allowed its own company Avilon Auto Group to buy Volkswagen assets for up to 125 million euros.

Spot gold continued to fall, falling below $2,010 per ounce, down 0.4% on the day.

The U.S. dollar index DXY rose 10 points in the short term and is now at 102.53.

MoD intelligence: Ukrainian forces have made tactical progress in their favor over the past four days in securing the flank at Bakhmut.

UK Ministry of Defense Intelligence: In Bakhmut, Ukraine, Russian Wagner forces continue to make progress in clearing Ukrainian positions.

Institutions comment on UK unemployment data: UK employment and unemployment will rise again in the first quarter of 2023, driven especially by male workers. That means the number of people who are neither working nor looking for work has continued to fall, even as those not working due to long-term illness rose again to a new record.

EUR/GBP breached 0.87, up 0.24% on the day.

Market news: 556,000 working days were lost due to strikes in the UK in March.

The number of applications for unemployment benefits in the UK increased by 46,700 in April, the largest increase since February 2021.

The ILO employed 182,000 people in the UK in the three months of March, compared with an expected 160,000 and a previous value of 169,000.

The average annual rate of wages including bonuses in the three months of March in the UK was 5.8%, expected to be 5.80%, and the previous value to be 5.90%.