Federal Deposit Insurance Corporation of the United States: The timeliness and quality of the review of signatory banks were affected due to insufficient review staff.

Iranian Foreign Minister: Iranian President Rahid will visit Syria in the near future.

Turkish Foreign Minister: It is possible to meet with the foreign ministers of Iran, Russia and Syria in Moscow in May.

U.S. Senator Warren: After the release of the report on Silicon Valley Bank, the Fed needs to (implement) stricter supervision.

European Mediterranean Seismological Center: 5.1-magnitude earthquake hits Mindoro island in the Philippines.

Fitch: Expect food inflation to ease in coming months as costs fall.

Fitch: A long-term lag in the pass-through of key input costs and broader pressures on wages, rents and distribution costs are keeping retail inflation high.

Fitch: Many of the upstream cost pressures that drive up food prices, such as from raw materials to fertilizers and energy, are now falling rapidly.

Fitch: Food inflation continues to rise despite a sharp fall in the cost of key inputs used in food production.

Fitch: Retail food price inflation remains high despite falling input costs.

Intel CEO: I hope to get the chip bill funding before the end of the year.

Chevron: Aviation fuel demand continues to grow.

Market news: TC Energy declared force majeure on the Columbia Bay pipeline due to a fire at a compression station in Mississippi.

European Mediterranean Seismological Center: 5.3-magnitude earthquake hits Vanuatu.

NZD/USD gained 0.50% on the day and is now at 0.6179.

EUR/GBP was down 0.50% on the day at 0.8780.