News

According to NBC News: U.S. President Trump said that shooting down a U.S. fighter jet will not affect negotiations with Iran.

U.S. Commodity Futures Trading Commission (CFTC): As of the week of March 31, the net long position in the euro was 507 lots, the net short position in the yen was -72,872 lots, the net short position in the pound was -52,665 lots, and the net short position in the Swiss franc was -29,871 lots.

U.S. Commodity Futures Trading Commission (CFTC): In the week ended March 31, speculators reduced the net short position in CBOT U.S. 2-year Treasury futures futures by 855 contracts to 1,637,324 contracts, and the net short position in 10-year Treasury futures increased by 142,176 contracts to 784,063 contracts.

U.S. Commodity Futures Trading Commission (CFTC): In the week ended March 31, stock fund managers increased their net long positions in CME S&P 500 Index futures by 39,730 contracts to 912,682 contracts, and stock fund speculators reduced their net long positions in CME S&P 500 Index futures by 113,496 contracts to 215,932 contracts.

Pakistan Prime Minister Nawaz Sharif: The reduction in gasoline prices will be funded by the oil tax collected by the government.

Pakistan Prime Minister Nawaz Sharif: Cut the price of gasoline by 80 rupees per liter to 458 rupees.

According to the New York Times: A second U.S. fighter jet, an A-10 attack aircraft, crashed near the Strait of Hormuz on Friday and the only pilot on board was safely rescued, U.S. officials said. Around the same time, an F-15 fighter jet was shot down over Iran.

The French Finance Minister said the move was aimed at ensuring that there would be no market manipulation in the context of continued rise in oil prices.

The French Finance Minister said that he has sent a letter to the European Commission requesting it to launch an investigation into the European refining industry.

The Senate confirmation hearing for the new Fed chairman nominee Warsh is reportedly scheduled to be held on April 16.

Russian warplanes launched an attack on Kramatorsk in eastern Ukraine, killing three people and injuring three others.

The White House proposes to cut NASA's budget by 23% in 2027 to support increased defense spending.

A U.S. judge refuses to reopen the investigation into Federal Reserve Chairman Jerome Powell.

The White House once again proposed to Congress to drastically cut NASA's scientific research funding by nearly half.

The United States urges its citizens to leave Lebanon as soon as possible while commercial flights are still available.

German Geoscience Research Center GFZ: A 5.93-magnitude earthquake occurred in the Hindu Kush region of Afghanistan.

The U.S. Embassy in Lebanon said Iran and its allied armed groups may be planning to target Lebanese universities.

[Fed Daley: The Fed should focus on the employment rate rather than the number of jobs] Fed Daley said that the economy does not need to create as many jobs as before to maintain the same proportion of population employment. In this environment, monthly hiring data no longer provide the most accurate reflection of the health of the labor market. The unemployment rate may be a better measure. "Rats and indicators such as the employment-to-population ratio, the unemployment rate, separation rates or hiring rates can capture changes in the size of the labor force and provide a clearer picture of the health of the labor market," she said.

Fed Daley: Zero or negative (employment) growth does not necessarily mean a weak economy.

Fed's Daley: Slowing labor force growth means slower job growth.