ASX 200 to fall, NVIDIA cracks $1,000 milestone and announces stock split, Anglo American knocks back third BHP offer

OVERNIGHT MARKETS

• Dow closes down 200 points after Fed officials show willingness to hike rates if needed

• ‘Various’ Fed officials said they were willing to hike interest rates if needed, minutes show

• European markets close lower as UK inflation misses estimate

• Treasury yields inch higher as Fed still sees no rate cuts soon

• Oil prices extend losing streak, books third consecutive daily decline

• Gold prices dip after record highs on profit taking, rate cut bets cool

INTERNATIONAL STOCKS

• Nvidia reports a 262% jump in sales, signals continuing AI boom

• Amazon plans to give Alexa an AI overhaul — and a monthly subscription price

• DeepL, a European rival to Google Translate, rides AI hype to a $2 billion valuation

• Boeing deliveries to China delayed by state regulator review, Reuters source says

• Miner Anglo American rejects third takeover offer from rival BHP Group as talks deadline extended

• Lululemon chief product officer leaving, company restructuring product and brand teams

• Zesla's European sales slump as EV market shows growth

MORE ON THE MARKETS

• Investors holding cash despite stock market highs signals potential for continued bull market

• Bond traders doubt Fed's rate cuts as market shifts amid inflation data

• Traders pare expectations of two Fed rate cuts in 2024

• China equity market rebound characterised by improving breadth

• Domestic investors fuelling China rally as foreign inflows remain relatively mild

ECONOMY

• UK inflation declines less than expected, fueling doubts over BoE rate cut timing

• UK employers grant nearly 5% pay increases amid persistent inflation pressures

• Weak yen fuels rebound in Japan imports, autos and semi components drive export growth

• Japan manufacturer sentiment unchanged as yen-driven inflation weighs on confidence

• Japan currency diplomat Kanda sees G7 officials discussing Chinese overcapacity this week amid US tariffs

CENTRAL BANKS

• Federal Reserve minutes indicate worries over lack of progress on inflation

• Fed's Mester and Bostic reinforce higher-for-longer message

• BoE Governor Bailey anticipates significant inflation drop and potential rate cut

• RBNZ leaves OCR unchanged, but forecasts lean hawkish amid inflation concerns

• China's central bank guides banks to step up lending in May

• BOK unanimously expected to remain on hold Thursday

ASX TODAY

• BHP (NYSE: BHP)'s US-listed shares tumbled nearly 5% on the news its third offer had been rejected by Anglo American. That will likely weigh on the index today - at least at the start of trade.

• Nufarm (ASX: NUF) releases earnings.

• GQG Partners, Gold Resources, Karoon Energy, Pepper Money, Resolute Mining, Stanmore Resources and Ventia Services all host AGMs.

• Aristocrat Leisure (ASX: ALL) and Orica (ASX: ORI) trade ex-dividend.