U.S. new energy vehicle stocks fell in early trading, with Tesla (TSLA.O) falling more than 1% at one point, Li Auto (02015.HK) falling 2.7%, Xpeng Motors (XPEV.N) falling more than 3%, and NIO (NIO.N) falling 1.79%.

London cocoa futures fell more than 6% to 7,390 pounds per ton.

Canada’s S&P Global Composite PMI for March was 47, compared with 47.1 in the previous month.

ICE New York cocoa futures fell 5% to $8,982 a tonne.

The Nigerian Electricity Regulatory Agency stated that it has approved an increase in electricity prices for 15% of consumers.

ECB board member Hernandez de Cos: The core scenario expects the first rate cut in June.

ECB Governing Council member Hernández de Cos: We have not explicitly provided forecasts for future monetary policy, but recent inflation data are consistent with our inflation target.

ECB board member Hernández de Cos: The recent decline in headline and core inflation rates suggests that monetary policy is being effectively transmitted.

The Colombian peso reached its highest level since June 2022 against the dollar.

ECB Governing Council member Hernandez Decos: Eurozone inflation data is positive news.

Neto, President of the Central Bank of Brazil: The process of global inflation decline has stagnated.

U.S. Treasury bond yields between 5 and 30 years continued to hit new highs this year.

Bank of America: Even if the Fed cuts interest rates after the first quarter of 2024, it will still maintain its previous forecast of $2,400 per ounce for gold this year.

Deutsche Bank: Lowered Tesla (TSLA.O) price target to $189 from $200.

According to RIA Novosti, citing the Russian Ministry of Defense, two Russian strategic bombers flew over the Barents Sea and the Norwegian Sea.

Three-month aluminium on the London Metal Exchange hit its highest since April 21 at $2,401 a tonne, up 0.7% on the day.

French Finance Minister Le Maire: Interest rates should be lowered in the coming months and the French economic situation will improve in the coming months.