Notes today:

 

• According to the World Gold Council the volume of gold jewelry purchased by global consumers has reportedly increased by 477.4 tons YoY an annual rise of 52%. The council says that the demand can be attributed to a decline in the price of gold following record highs in August 2020. 

• Consumers and a fresh round of stimulus money pushed demand for U.S. imported goods to a record high in March, further expanding the trade deficit. The foreign-trade gap in goods and services expanded 5.6% MoM to a seasonally adjusted $74.4 billion in March.            

• New York Fed Bank President John Williams said on Monday U.S. GDP could increase by around 7% this year after adjusting for inflation, bringing in the fastest growth since the early 1980s. 

• Freudenberg:Xalt Energy’s batteries to power 1st all-electric ferry in New Zealand. In a country known for its natural beauty and focus on sustainability, the ferry is said to represent a milestone in New Zealand’s marine industry.

• Panda Stealer dropped in Excel files, spreads through Discord to steal user cryptocurrency..