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April 2

What's open tomorrow | Forex
Good Friday is not a federal holiday, so the BLS will release the March employment report at 8:30
Consensus is for +60,000 jobs after February's -92,000
Closed all day: NYSE and Nasdaq cash equities, plus most global exchanges

Trump fires Pam Bondi, appoints own ex-lawyer to temporarily head justice department | Israel
Trump: Pam Bondi 'Not Quite Hot Enough' To Be This Bad At Her Job | Bee

Mac On Trump's Destruction Of NATO, Gulf States, Israel & U.S. Empire | Wauck
Trump had nothing to offer last night except tired old Netanyahu lies. The reactions today reflect that the world is finally coming to understand that that has been the reality all along. Iran and BRICS are in the driver’s seat. Russia is endorsing Iran’s demands. Keep these in mind as you read Mac’s remarks:

Why the US Regime Pretends Israel’s Nuclear Weapons Don’t Exist
One major factor here is the fact that the existence of the arsenal makes the State of Israel ineligible for US aid under US law. This is a problem for US supporters of military and economic aid to the State of Israel.

S&P   Oil   FX   Gold   BTC  10Y
June Brent is $100.00, up about $7 | 12:29
May Oil is $111.82, up about $12
S&P is down 2.27%
Gold is down 2.79%
Dollar index is up 0.32%
10Y is lower in yield by 1.9bp to 4.309%

The dollar index moved back below 100 after reaching 100.2 early in the session, as traders assess the latest developments in the Middle East. A report that Iran is drafting a protocol with Oman to monitor traffic through the Strait of Hormuz offered some relief. However, volatility is expected to persist amid escalating rhetoric from President Trump and as crude prices remain near 2022 highs. Oil prices surged following Trump’s pledge to take more aggressive action against Iran. High energy prices are fuelling worries about an inflation spiral which could prompt the Fed to adopt a more hawkish stance.

Natgas Prices Fall Toward 7-Month Low
Initial claims fell to 202,000, down 9,000, indicating job market resilience
Trade deficit increased to $57.4 billion in February, a 4.9% rise from January Private Credit Bank Run Begins: Blue Owl Gates After Shocking 41% Investors Ask For Their Money | Zero
March Challenger layoffs 60.620k vs 48.307k prior | Forex
Retail Sales Plunged in February. But Huge Seasonal Adjustments Caused them to Jump | Wolf
Trump's approval index is 46%, the highest since March 11 | Ras

Highest bridge in Iran destroyed - amid reports of expanding attacks on civilian infrastructure | Zero
The power of the purse is the surest way Congress can stop the Iran war | Cons

Wow! That was awful. Trump’s Addled Speech on Iran John
During the next three weeks, Iran will continue to degrade and demolish the US bases and equipment that is in Saudi Arabia, Kuwait, Bahrain and the United Arab Emirates. As long as Qatar does not allow combat aircraft to take off from Al Udeid, Iran will ignore it.

Iran’s President Sends Message to Americans | Anti-War
‘You Are Not Our Enemy’

Debt Rattle
If you want to know what’s really safe or what’s not, just try buying insurance for it
Auto insurance providers like Lemonade are now offering Tesla owners up to a 50% discount when FSD is engaged


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