First Squawk

BAILEY SAYS CENTRAL BANK INDEPENDENCE FOR FINANCIAL STABILITY IS 'NOT ROBUST ENOUGH (@FirstSquaw)

SPOT SILVER JUMPS 5% TO $79.37 PER OUNCE (@FirstSquaw)

GOOGLE APP FOR DESKTOP IS NOW RELEASED FOR WINDOWS USERS GLOBALLY. (@FirstSquaw)

FRENCH FINANCE MINISTRY STATES THAT THE CURRENT GEOPOLITICAL CRISIS WILL CAUSE A LARGE RISE IN DEBT SERVICING COSTS, EXPECTED TO BE ABOUT 4 BILLION EUROS BY 2026. (@FirstSquaw)

U.S. STOCKS EXTEND GAINS, S&P 500 UP 1.00 PCT (@FirstSquaw)

US ENERGY SEC. WRIGHT: GASOLINE PRICES COULD BE HIGHER FOR A FEW MORE WEEKS – FOX NEWS (@FirstSquaw)

SEIZED IRAN-LINKED SHIPS WILL BE TAKEN TO HOLDING AREA IN ARABIAN SEA OR INDIAN OCEAN- WSJ (@FirstSquaw)

KERING Q1 26 RESULTS: - GUCCI SAW IMPROVEMENT IN CHINA, BUT STILL NEGATIVE; GRAPPLING WITH WEAK MARKET AND HOME-MADE PROBLEMS IN CHINA - GUCCI PERFORMANCE ACCELERATED IN US IN Q1 - BALENCIAGA SAW A QUARTER OF GROWTH - LOCAL CLIENTELE WAS STRONGER THAN TOURISM, WHICH SUFFERED, IN (@FirstSquaw)

KERING Q1 26 RESULTS: - REVENUE: EUR3.57B (EST EUR3.59B) - GUCCI REVENUE: EUR1.35B (EST EUR1.37B) - RETAIL REVENUE IN MIDDLE EAST DECLINED BY 11% - CFO SAYS DECLINE IN MIDDLE EAST SALES TOOK AWAY 1% OF OVERALL GROWTH IN Q1 (@FirstSquaw)

FRANCE'S CAC 40 UP 1.15%; SPAIN'S IBEX UP 1.36% (@FirstSquaw)

BRITAIN'S FTSE 100 UP 0.17%; GERMANY'S DAX UP 1.23% (@FirstSquaw)

RUBIO BELIEVES THESE DISCUSSIONS WILL BE A CONTINUOUS PROCESS. (@FirstSquaw)