German Ministry of Economy: Based on current electricity prices, subsidies will cost 25-30 billion euros by 2030.

German Ministry of Economy: This price reduction measure will apply to 80% of basic electricity consumption.

German Ministry of Economy: The goal is to keep companies internationally competitive.

German Ministry of Economy: Proposes to set the industrial electricity price at 6 cents/kWh by 2030.

The UK construction PMI in April was 51.1, expected 51, and the previous value was 50.7.

UBS: The European Central Bank is now expected to raise interest rates by 25 basis points in July, bringing the terminal rate to 3.75%.

USD/CHF gained 0.50% on the day and is now at 0.8902.

USD/CHF hit 0.89 higher against the Swiss franc, up 0.50% on the day.

Russian Foreign Minister Lavrov: Russia is discussing with India how to use the Indian rupee surplus.

European Commission Vice President Vestager: We should reject the idea of weakening competition enforcement during the crisis.

Russian Foreign Minister Lavrov: We have accumulated billions of Indian rupees in Indian banks and need to convert them into other currencies.

Official of the Japan Meteorological Agency: The magnitude of the earthquake in Japan has been revised from a preliminary 6.3 to a magnitude of 6.5.

Russian Foreign Minister Lavrov: I will not comment on whether this is a "cause of war", but we will respond to it.

Cargo survey agency Intertek: Malaysia exported 157,725 tons of palm oil from May 1 to 5.

Russian Foreign Minister Lavrov: Drone attack on Kremlin is an act of hostility.

European Commission Vice President Shevjovic: The level of EU natural gas reserves is still at the highest level in history.

Spot gold fell by US$5 in the short term and is now at US$2041.80 per ounce.