Earlier news on oil:
Bessent prodding Japan now.
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Bessent: Administration expects that Japan stop importing Russian energy
- Trump referred to India doing so earlier
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- Dollar lags even as risk mood keeps more cautious on the day
- Oil prices continue to rise amid the US-Iran stalemate; Iran awaits US blockade removal
- Gold continues to consolidate amid the US-Iran stalemate and the more hawkish Fed
- The echo chamber harps on Iran proposing to reopen Strait of Hormuz before nuclear deal
- ECB to hold the line at this week's meeting - Goldman Sachs
- Market outlook for the week of April 27th - May 1st
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