EUR/USD
1.17687
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Gold
4789.63
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Oil
86.230
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159.028
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Real-time News
3M (MMM.N) reported first-quarter profits that beat expectations, sending its shares up 3.3% in early trading.1. On the Iran deal: The US does not want to extend the ceasefire agreement with Iran. It holds a favorable position in the negotiations and a "major agreement" will eventually be reached. A good agreement with Iran is desired, but there should be no rush; ample time is needed to reach an agreement. 2. On bombing Iran: Attacking infrastructure could militarily damage Iran. If no agreement is reached, I expect Iran to be bombed, and we are prepared. 3. On the blockade measures: The blockade has been a great success; the US has complete control of the Strait of Hormuz. The strait is very important, but ships are looking for alternative routes. 4. On Irans performance: Iran can get back on track through the agreement. Iran must use reason and common sense; Iran can become a legitimate country. 5. On the US stock market rebound: I was surprised by the US stock market rebound during the Iran conflict. I expected the Dow Jones and S&P 500 to fall by 20%, and oil prices to reach $200 a barrel. I am now happy to say that this did not happen. 6. On the Federal Reserve and interest rates: I will be disappointed if the new Federal Reserve Chairman does not cut interest rates quickly. The reasons for the overspending on the Federal Reserve building must be investigated. 7. On tariffs: Criticizing the US Supreme Courts tariff ruling. Switzerland should pay us more, and well raise that amount slightly. It would be great if companies didnt seek tariff refunds. 8. On UAE aid: The US is considering providing financial assistance to the UAE and is exploring a currency swap arrangement. 9. On Anthropic: Anthropic is "developing well" and the US is willing to consider an agreement that would allow the company to resume contractual cooperation with Department of Defense officials.US President Trump has called on Iran to release eight women who are about to be hanged, saying it would be a good start to negotiations.April 21st - As of April 21st, Shanghai has added one new generative AI service to its registered database, bringing the total number of registered generative AI services to 158. The registration information shows that Teslas in-vehicle voice big data model service was registered on April 20th, with Tesla (Shanghai) Co., Ltd. as the registering entity.Bank of America: Natural gas inventories are expected to exceed the five-year average by the end of summer, at approximately 3.83 trillion cubic feet.
