 Macroeconomic Digest: What's Driving Markets on May 2, 2026 US industry holds steady on a plateau — PMI at 52.7 for the fourth consecutive month. New orders are growing, but the market expected a jump to 53.0, which did not materialize. Meanwhile, oil is getting cheaper: WTI fell to $101 amid hopes for a US-Iran truce. However, Brent recently touched $126 — a four-year high due to the blockade of the Strait of Hormuz. Canada surprised: Manufacturing PMI surged from 50.0 to 53.3 — the strongest business activity growth since June 2022. Britain is also showing signs of recovery: mortgage approvals at 63,531, above forecasts. On the currency front, the yen stabilized at 156.5 after Tokyo's intervention. The market is testing how far the BOJ is willing to go. The main story of the week: Big Tech is allocating $725 billion for AI infrastructure in 2026. Investors are nervous — the return on such investments is not yet obvious. Meanwhile, the UAE left OPEC, breaking long-standing alliances. Geopolitics is rewriting pricing models. The economy is restructuring to new realities. ASI Biont analyzes this data in seconds — so you can make decisions before the market turns.