Alfred Gray

SHORT INFORMATION WINDOW

USA, GDP report for the first quarter.

GDP growth (annualized). Actual: 1.1%. Expected: 2.0%. Previous: 2.6%

Core PCE. Actual: 4.9% QoQ. Expected: 4.7% QoQ. Previous: 4.4% QoQ

US initial jobless claims. Actual: 230k. Expected: 249k. Previous: 245k.

US100 index loses, while the dollar strengthens slightly.

SHORT REPORT FROM THE BANKING SECTOR

$DB Deutsche Bank, Germany's largest bank, reported a 5% y/y growth in revenues to EUR 7.7bn (expected EUR 7.5bn) and a net profit of EUR 1.3bn (+9% y/y; expected EUR 1.0bn) for the first quarter of the year. At the same time, management reaffirmed its full-year revenue guidance, raised its planned savings by EUR 500mn and said it is on track...
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