Insights 
Spain’s unemployment fell by 67.42K in April, surpassing expectations and indicating stronger job market improvement.
The PBOC sets a daily midpoint for yuan trading, guiding its movement within a controlled 2% band.
Spain’s unemployment improved in April with a -67.4K change, reflecting fewer individuals becoming unemployed.
Mentions of recession surge in earnings calls amid strong earnings, inflation worries, and tariff-related uncertainties.
The PBOC sets yuan midpoint at 7.2008, signaling policy focus on stability and controlled reforms.
Retail investors poured a record $40 billion into equities in April, showing optimism despite economic uncertainties.
Commodity prices stabilize; forex pairs range-bound; gold and Bitcoin gain amid weak dollar and geopolitical tensions.
Goldman Sachs forecasts gold reaching $3,700–$4,500 by 2025 amid economic shifts and market risks.
AUD/USD dips to 0.6450 amid stronger USD; China’s economy, Iron Ore, and RBA moves influence outlook.
Vitesse Energy cuts capital spending 32% amid oil price decline, adjusting to economic market uncertainties.
