UK 2-year gilt yields rose to 4.533% at the open, their highest level in two weeks and up 2 basis points on the day.

The UK FTSE 100 index opened up 10.59 points, or 0.12%, at 8154.71 points on Wednesday, May 1.

Yemeni officials said Musk is negotiating a license for Starlink to operate in Yemen, and the Starlink network could be launched within a month.

According to the Times of Israel: The IDF attacked Hezbollah positions in five different areas of southern Lebanon overnight.

The Central Bank of Azerbaijan cut its refinancing rate to 7.25% from 7.5%.

Market News: Rocket sirens sounded in the town of Netua near the Lebanese border.

According to the Times of Israel: Officials involved in the hostage negotiations denied reports that an Israeli delegation visited Cairo.

Russian Defense Minister Sergei Shoigu has ordered more weapons to be provided for Ukrainian military operations, Russian agencies said.

India has set the benchmark import price for gold at $751 per 10 grams and the benchmark import price for silver at $886 per kilogram.

India has set the benchmark import price for crude palm oil at $944 per tonne.

According to the Financial Times: Pfizer (PFE.N) plans to launch a direct-to-consumer drug platform.

Peruvian Ministry of Economy: The economic growth rate is expected to be 3.1% in 2024, higher than the previous forecast of 3.0%.

Market news: Microsoft (MSFT.O) will build an Azure data center in Thailand.

India has set the windfall tax on crude oil at Rs 8,400 per tonne.

According to the Wall Street Journal: Israel is preparing to send a delegation to Cairo for the final Gaza ceasefire negotiations.

Japan will issue 2.6 trillion yen of 10-year government bonds on May 8.

New Zealand Reserve Bank Deputy Chairman Hawkesby: The economic performance is basically in line with expectations.