Zelensky Calls For Easter Truce Amid Nightly Russian Drone Assaults

Jobless Claims Jump As US Tech Firms Announce Most Job Cuts In 2 Years The number of Americans filing for unemployment benefits for the first time jumped to its highest in three months last week at 225k (215k exp), but this remains well within the range of the last five years... Source: Bloomberg The biggest increase in initial claims came from California while Texas saw the biggest decline... Continuing Jobless Claims dipped to 1.777 million Americans (remaining below the 1.8mm Maginot Line), just above two year lows... Source: Bloomberg However, despite the seemingly solid claims...

The US Is Still A Decade Away From Breaking China’s Rare Earth Hold The U.S. is still at least a decade away from meaningfully reducing its dependence on China for the most critical rare earth minerals, despite billions of dollars in new investment and political pledges to move faster, according to a new report from Bloomberg. While Washington has pushed to build domestic mining, refining, and manufacturing capacity, analysts say China is likely to retain its dominance over heavy rare earths—particularly dysprosium and terbium—until at least the mid-2030s. Those minerals are essential...

Futures, Bonds Tumble, Oil Surges After Middle East Attacks Resume Summary Equity Futures Tumble, Oil Surges On Fresh Middle East Strikes  US forces carried out airstrikes on an Iranian military site and imposed new sanctions to prevent Tehran from profiting from vessels transiting the Strait of Hormuz. In response, Iran targeted the American airbase from which the attack originated, according to a Tasnim report, which cited the Islamic Revolutionary Guard Corps. Kuwait also said it’s responding to hostile missile and drone threats New US strikes in Iran reported, after Iranian drone intercepts in Hormuz area. Trump red line (PBS):...