First Squawk

The IAEA reports that electricity has been restored to the Zaporizhzhia nuclear plant using the Ferosplavna-1 330 kV line. (@FirstSquaw)

China has denied allegations of supplying weapons to Iran, saying the reports are “completely made up,” the foreign ministry said. (@FirstSquaw)

China’s foreign ministry said it will contribute efforts toward restoring peace and stability in the Middle East during Iran-related talks. (@FirstSquaw)

China’s foreign ministry described the Iran war talks as being at a critical juncture. (@FirstSquaw)

China’s foreign ministry stated that only a comprehensive ceasefire can help ease the situation. (@FirstSquaw)

Beijing’s foreign ministry said the U.S. action targeting Iranian ports is “dangerous and irresponsible.” (@FirstSquaw)

China’s foreign ministry says increased U.S. military deployment will only aggravate tensions, referring to the blockade of Iranian ports. (@FirstSquaw)

France’s benchmark CAC 40 climbs 0.26%, with Spain’s IBEX up 0.59%. (@FirstSquaw)

Euro STOXX climbs 0.7% as Eurozone blue-chip stocks add 0.67%. (@FirstSquaw)

Spain CPI (Y/Y) Mar F: 3.4% (est 3.3%; prev 3.3%) - CPI (M/M): 1.2% (est 1.0%; prev 1.0%) - CPI EU H. (Y/Y): 3.4% (est 3.3%; prev 3.3%) - CPI EU H. (M/M): 1.7% (est 1.5%; prev 1.5%) - CPI Core (Y/Y): 2.7% (est 2.7%; prev 2.7%) - CPI Core (M/M): 0.4% (est 0.4%; prev 0.4%) (@FirstSquaw)

Novo Nordisk has struck a partnership with OpenAI aimed at accelerating drug development (@FirstSquaw)

RBC lowers its price target on PageGroup to 250p from 305p. (@FirstSquaw)