Silver doing its thing
NASDAQ futures on Globex down circa 0.3%,
- "hold my beer" XAG is down 2% or so.
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Hi-ho Silver, away! (lower ... as is gold, stock index futures)
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- 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
- PBOC is expected to set the USD/CNY reference rate at 6.8233 – Reuters estimate
- 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
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