The EUR is the strongest and the NZD is the weakest as the NA session begins.

The EUR is the strongest and the NZD is the weakest as the NA session begins. The USD is mostly higher. Stocks are higher as Tesla earnings were better than expectations. The companies stock is up over 7% in premarket trading. US yields are modestly higher after yesterday's sharp fall.

The EURUSD rose on the back of comments from ECBs deGuindos who opened the door for a possible rate hike in July. deGuindos joined Bundesbank Chairman Nagel and Latvian and Belgian's central bankers. The comment are more aggressive to ECB's Laguarde who commented that tightenings would begin after the APP program was finished sometime in the third quarter (could be at the start or the end).

Overnight in Ukraine, Russian officials said that they have captured Mariupol.

A look around the markets is showing:

• Spot gold Gold Gold is the most widely traded and important commodity. Prized for its historical importance and used for trading an exchange of goods, the gold market today is estimated at nearly $2.4 trillion.The value of gold fluctuates constantly, as it trades on public exchanges where it has a price that is determined by supply and demand. Gold has historically had tremendous significance and even today is extremely sought after. Gold has been used as a currency as it doesn't corrode, and the material allo Gold is the most widely traded and important commodity. Prized for its historical importance and used for trading an exchange of goods, the gold market today is estimated at nearly $2.4 trillion.The value of gold fluctuates constantly, as it trades on public exchanges where it has a price that is determined by supply and demand. Gold has historically had tremendous significance and even today is extremely sought after. Gold has been used as a currency as it doesn't corrode, and the material allo Read this Term is trading down $16 or -0.8% at $1941.75
• Silver is trading down $0.50 or -2.01% at $24.65
• the price of crude oil is trading up $0.93 at $103.12
• The price of bitcoin is trading at $42,516. That's up about $1100 or 2.7%. The price is trading at its highest level since April 10.

In the premarket for US stocks, the major indices are moving higher after Tesla's beat

• Dow industrial average is up another 267 points after yesterday's 249.59 point rise
• S&P index is trading up 40.5 points after yesterday's -2.76 point decline
• NASDAQ NASDAQ The Nasdaq Stock Market or NASDAQ is an American stock exchange. It trails only the New York Stock Exchange (NYSE) in market capitalization and is part of a network of stock markets and options exchanges.Launched back in 1971, NASDAQ is the acronym for the National Association of Securities Dealers Automated Quotations. Since then it is known simply as NASDAQ and has become one of the most influential exchanges worldwide.The NASDAQ was the world’s first electronic stock market, and has since ass The Nasdaq Stock Market or NASDAQ is an American stock exchange. It trails only the New York Stock Exchange (NYSE) in market capitalization and is part of a network of stock markets and options exchanges.Launched back in 1971, NASDAQ is the acronym for the National Association of Securities Dealers Automated Quotations. Since then it is known simply as NASDAQ and has become one of the most influential exchanges worldwide.The NASDAQ was the world’s first electronic stock market, and has since ass Read this Term futures are implying a gain of 179 points after yesterday's -166.59 point decline

In the European equity markets, the major indices are higher:

• German DAX, +1.5%
• France's CAC, +1.86%
• UK's FTSE 100 +0.3%
• Spain's Ibex, +1.0 present
• Italy's FTSE MIB +0.25%

Looking at the US debt market,, US the yields are marginally higher after yesterday's sharp declines which saw the 10 year move down close to 11 basis points while the 30 year fell by close to 13 basis points. The U.S. Treasury auctioned off $16 billion of 20 year bonds yesterday with strong/record international demand. A snapshot of the market currently shows:

• 2 year yield 2.611%, +2.9 basis points
• 5 year 2.891%, +2.6 basis points
• 10 year 2.855%, +1.9 basis points
• 30 year 2.896%, +1.8 basis points

In the European debt market, the benchmark 10 year yields are unchanged to higher: