Big tech was sold-off in the after-hours with Meta earnings disappointing with a downbeat outlook. Meanwhile, dollar strength prevailed and focus turns to US Q1 GDP data today where a strong print can once again question the need for Fed rate cuts this year. JPY weakened to fresh record lows amid lack of intervention, and China’s response to fresh highs in CNHJPY on watch. Microsoft and Alphabet report earnings post-market today. {table} Equities: US equities eked out small gains as Tesla jumped 12% after its earnings announcement the day before where it said that the EV-maker was accelerating the launch of new and ... (full story)