FINANCE
U.S. banking regulators intend to renew a proposal mandating big banks to defer executive compensation
and enforce tougher clawback measures for bonuses if losses arise, with six agencies working on the
plan, excluding the Federal Reserve. Moreover, equity funds saw significant outflows of $21.15 billion in
this week due to expectations of continued high interest rates. Investors sold U.S. large-cap, small-, multi-,
and mid-cap funds, while financial sector and short/intermediate investment-grade funds saw inflows. US
stocks experienced a slight downturn on Friday as investors weighed Israel's limited strike against Iran,
which was seen as symbolic and potentially de-escalatory. Despite an initial surge in oil prices, they later
declined, and the markets were also processing earnings results from US companies, including Netflix.
Lastly, Mark Zuckerberg became the third-richest person globally due to Meta stock's rise, while Tesla's
stock continued to decline following a recall announcement.

INDEXES
All red. As for 20th of April, Dow Jones Industrial Average reached 37,986.40 falling with 0.23% over the
week. The similar track goes for S&P 500, which lost 181.44 points and settled down at around 4,967.23.
Furthermore, NASDAQ lost 319.49 points, equivalent to 2.05%, and settled at 15,282.01, while Nikkei 225
lost 1,011.35 points equivalent to 2.66%.

BONDS
US 10 Year Treasury Yield stands at 4.623%, followed by UK 10 Year Yield with 4.235%. France 10 Year
Yields is now 3.019% with 0.003 increase, while Germany 10 Year Yield is 2.503 with 0.002 loss. The
biggest increase was experienced by the US-2-month bond with yield standing at 5.395. The US-3-month
is 5.397 and the US-1-month 5.378.

CRYPTOCURRENCY
Tether CEO Paolo Ardoino attributed the recent growth of the stablecoin to its use as an alternative to the
U.S. dollar in emerging markets, rather than demand for crypto trading. Despite uncertainties in regulatory,
Tether now aims to serve the unbanked in emerging markets and plans to expand its team as it grows in
new areas like AI. Bitcoin, on the other hand, after its fourth halving remained around $63,700 despite
experiencing fluctuations between $59,685 and $65,000; overall, Bitcoin has already risen significantly
from late 2022. As for 20th of April, 19:15, BTC stands at EUR 61,069.13, while BNB at EUR 531.06. Tether
is EUR 0.94.

COMMODITIES
As for 20th of April, one ounce of gold is USD 2,412.8 or EUR 2,242.93, while one ounce of silver is USD
29.13 or EUR 26.92. Heating oil is worth USD 254.13 per gallon, and RBOB gasoline is USD 271.03 per
gallon. Natural gas costs USD 1.75 for MMBtu, and WTI crude oil costs USD 83.14 per barrel.

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