According to Fox News: US President Biden is expected to officially announce his 2024 re-election campaign tomorrow (25th local time).

First Republic Bank: Has retained nearly 90% of its treasury professionals.

US Secretary of State Blinken: The United States is working on creating a team to monitor the ceasefire in Sudan.

First Republic Bank: The scale of deposit insurance decreased in the first quarter, but to a moderate extent.

First Republic plans to cut about 20%-25% of its workforce in the second quarter.

First Republic ended the period with $104.47 billion in deposits, beating market expectations of $136.67 billion.

Market news: The negotiations between the Italian government and Lufthansa on the acquisition of Italian airline ITA will be extended to May 12.

U.S. natural gas futures rose as much as 3.00% on the day and are now trading at $2.481/MMBtu.

White House: No plans to send peacekeepers or US ground troops to Sudan.

The White House has called for an immediate ceasefire between all parties in Sudan.

Spot gold stood at $1,990 an ounce, up 0.35% on the day.

Market news: UBS hired three Barclays bankers to advance investment banking in the US.

The Fed accepted a total of $2.309 trillion from 103 counterparties in fixed-rate reverse repurchase operations.

Bitcoin fell below $27,000 per coin, down 0.96% on the day.

USGS: 5.0-magnitude earthquake struck 48 kilometers east of Ampangti, Papua New Guinea.

According to the Associated Press: U.S. President Biden will unveil new measures to protect South Korea from the threat of nuclear weapons.

WTI crude oil broke through $79/barrel, up 1.38% on the day.

Canadian Deputy Prime Minister and Minister of Finance Freeland: Canada welcomes and needs global trade and investment.