Brazilian Minister of Planning and Budget Tebet: There is no need to abolish public policies, but their efficiency needs to be analyzed.

Brazilian Planning and Budget Minister Tebet: Brazil will not change government spending limits.

BP starts oil production from new major platform offshore Azerbaijan.

Trump Media & Technology Group rose 2.4% in premarket trading after announcing a phased launch of its streaming platform.

Bank of America (BAC.N) extended its pre-market losses to 2.1%.

Bank of America (BAC.N) had revenue of $25.8 billion in the first quarter of 2024, compared with market expectations of $25.46 billion and $26.258 billion in the same period last year. Net profit in the first quarter was $6.7 billion, compared with market expectations of $6.16 billion and $8.161 billion in the same period last year.

Bank of America CFO: We are seeing increased digital engagement.

Bank of America CEO Moynihan: Investment banking business has recovered.

Israel’s war cabinet will meet on Tuesday to discuss Israel’s response to the Iranian attack, Israeli officials said, but a date has not yet been set.

Johnson & Johnson (JNJ.N): Full-year sales are expected to be between $88 billion and $88.4 billion.

Johnson & Johnson (JNJ.N) had sales of $21.38 billion in the first quarter, compared with market expectations of $21.39 billion. Adjusted earnings per share in the first quarter were $2.71, compared with market expectations of $2.65.

The Quds Brigade of the Palestinian Islamic Jihad (Jihad) released a video showing rockets fired at the southern Israeli city of Sderot and the Gaza Strip.

The Indian rupee closed at a record low against the US dollar, down 0.10% to 83.5350.

British airline EasyJet has suspended flights to and from Tel Aviv, Israel until October 27.

Lombardelli, the new deputy governor of the Bank of England: Monetary policy has had a considerable impact on European credit, and we can see these effects.

Lombardelli, the new deputy governor of the Bank of England: I will not give a specific date for a rate cut, but it is obvious that this (rate cut) is the direction of development of the European economy.

New Zealand Prime Minister: We hope that inflation will drop to the target range of 1%-3% by the end of the year.

New Zealand Prime Minister: Budget constraints are key to controlling inflation and promoting growth.

Lombardelli, the new deputy governor of the Bank of England: In the short term, the correlation between money supply and inflation is weak.

According to Singapore media: Outgoing Prime Minister Lee Hsien Loong will become a senior minister in the next cabinet.