US tightens grip on Iraq over Iran-linked groups, halt dollar flows over militia activity JPMorgan sees China property stabilising, boosting outlook for equities.
US tightens grip on Iraq over Iran-linked groups, halt dollar flows over militia activity JPMorgan sees China property stabilising, boosting outlook for equities. Morgan Stanley flags pause in European equities, sees stock pickers market Japan exports beat but rising import costs squeeze trade surplus PBOC sets USD/ CNY mid-point today at 6.8635 (vs. estimate at 6.8233) Australia’s growth pulse cools, Leading Index dips below trend Trump weighs extending Jones Act waiver.
Policy shift eases US fuel costs amid Iran war Trump rambling, wants a deal but also threatens to “blow up the rest of their Country” Maritime crackdown widens against Iran-linked shipping. Oil tanker seized in Indian Ocean JPMorgan raises S&P 500 target to 7,600 (from 7,200). AI, tech earnings drive bullish view Japan March trade data: Surplus shrinks.
Imports and exports both higher than expected JPMorgan turns selectively bearish US dollar post-ceasefire, favour high-yield, risk FX Military planners set to bypass the clowns and reopen the Strait of Hormuz themselves Canada says USMCA review is a checkpoint, not a cliff A wild ride for oil prices with the conflicting US-Iran war headlines White House says Vance trip to Pakistan will not happening Tuesday Iran’s Revolutionary Guard source says will not reopen Hormuz long as blockade continues Iran has not yet accepted Trump’s ceasefire. Iran says it’ll make an announcement soon. Trump says will extend ceasefire for now – more to come Summary: Trump extends Iran ceasefire indefinitely as talks stall; blockade remains Iran pushes back, calls blockade an act of war, warns it may break it by force Reports/rumours of internal Iranian divisions add uncertainty Market reaction relatively calm: gold and US futures edge higher Oil and FX largely rangebound despite headline volatility Japan exports beat expectations, but rising import costs flag risks Late in the US session, President Trump announced an indefinite extension of the Iran ceasefire as…