Palestinian sources said Israeli forces carried out a drone strike on a group of Palestinian civilians in the central Gaza Strip, killing one and wounding several.

PBOC Shanghai and 10 municipal agencies held a cross-agency meeting to advance tech-innovation and technical-transformation lending. As of end-Q1 2026, signed loan commitments totalled 149.0 bln yuan and outstanding loans 67.6 bln yuan, roughly double year-earlier. Authorities instructed deeper interdepartmental coordination to implement the latest national policy package, accelerate project identification and submission across existing and newly expanded support areas, and directed Shanghai financial institutions to close service gaps, boost delivery efficiency, proactively recommend projects to sector regulators, and expand loan volume and coverage.

Christina Clifton, senior currency strategist at Commonwealth Bank of Australia in Sydney, said the reopening of the Strait of Hormuz is positive for the global economy but oil and gas flows will take time to fully normalize. Markets will watch how quickly flows recover and production restarts. She said energy prices are unlikely to fall back to pre-war levels for an extended period, and shipping/transport normalization will also lag.