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It looks like negotiations to end the Ukraine war are slowly falling apart but that could be an illusion as negotiations are always the toughest at the end.
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US and European looking to put together 30-day ceasefire
- Sanctions threatened if Russia doesn't agree
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- 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
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