Market news: Emirati investment firm Royal Group (Royal Group) is shorting US stocks due to concerns about a global recession.

U.S. natural gas futures fell as much as 3.00% on the day and are now trading at $2.198/MMBtu.

According to Egyptian media reports, Egypt called for an immediate ceasefire between Israel and Palestine.

Market news: The European Union is expected to approve the Microsoft-Activision Blizzard deal next week after British regulators rejected the deal.

The United Command of Palestinian militant groups in the Gaza Strip has claimed responsibility for firing rockets into Israel.

First Citizens Bank: Half of deposit outflows were expected.

The statement showed that there were organized attacks on Pakistani army assets and facilities following the arrest of former Pakistani Prime Minister Imran Khan.

First Citizens Bank: Committed to running Silicon Valley Banking as its own business.

Spot gold fell by US$5 in the short term and is now at US$2041.78 per ounce.

US President Joe Biden will host Indian Prime Minister Narendra Modi on June 22.

[The probability that the Fed will raise interest rates by 25 basis points in June fell from 20.1% to 14.2%] After the release of the U.S. CPI data in April, CME "Fed Watch" showed that the probability that the Fed will keep interest rates unchanged in June increased from 79.9% to 85.8% , the probability of raising interest rates by 25 basis points fell from 20.1% to 14.2%; the probability of maintaining interest rates at the current level by July fell from 59.1% to 55.6%, and the probability of cumulative interest rate cuts by 25 basis points increased from 27.7% to 36.2%. The probability of a 25 basis point hike fell to 8.2% from 13.1%.

Sources: German parliamentary committee approves purchase of an additional 50 Cougar infantry fighting vehicles worth 1.5 billion euros.

BP CEO: The company will still be involved in the oil and gas industry in 2050 and reduce carbon emissions through carbon dioxide offsets.

Iraqi Deputy Oil Minister: Still waiting for Türkiye to restart Ceyhan oil exports.

U.S. Treasury Secretary Yellen will hold a press conference in Japan on May 11.

Lina Khan, Chairman of the US Federal Trade Commission: Pay close attention to the issue of non-compete agreements.

EUR/USD touched 1.10, up 0.35% on the day.

The Cboe Volatility Index hit its lowest level in more than a week, falling 1.2 points to 16.53.