Markets expect an incoming TACO. Oil down, equities up.

US chemical stocks DOW & LYB surge 70%+ on feedstock advantage & global supply woes. Expect strong margins.

Japan real wages rose 1.9% y/y in Feb, the fastest in five years, as nominal pay grew 3.3% and outpaced inflation. Data strengthens the case for a BoJ rate hike, with markets increasingly pricing tightening at the April meeting.

Oil tanks 12% on ceasefire hopes; futures jump. Traders eye geopolitical shifts.

Iran confirms US talks starting Apr 10 in Islamabad after submitting a 10-point plan via Pakistan, but says ceasefire depends on final agreement. Demands include Hormuz coordination and US withdrawal, keeping risks elevated despite diplomacy.

Ford recalls 422K vehicles for wiper failure. Visibility risks may impact future sales.

Sigenergy IPO aims for $561M in HK, pricing at HK$324.20/share. Clean energy demand fuels growth.

Dow futures surge 300 pts on Iran deal hopes; oil prices reverse as peace remains uncertain.