Futures Rise Ahead Of Critical Nvidia Earnings As Oil, Bond Yields Drop

The Kremlin said some progress has been made toward ending the war in Ukraine and that Russia would welcome President Donald Trump’s assistance in mediating talks.  During Russia’s Victory Day celebrations on Saturday, Russian President Vladimir Putin indicated progress had been made towards a negotiated settlement to end the war in Ukraine. On Tuesday, Kremlin […]

Key Events This Week: CPI, PCE, Durable, FOMC Minutes And More In addition to Iran war developments, this week’s economic calendar will focus on the inflation side of the Fed’s dual mandate following a solid March employment report. The key data releases this week are the February durable goods report on Tuesday, the February PCE report on Thursday, and the March CPI report on Friday. Fed Vice Chair Philip Jefferson will deliver a speech on the economic outlook on Tuesday. The minutes to the FOMC’s March meeting will be released on...

Pakistan Uses Diplomacy To Secure LNG Supply from Hormuz Submitted by Charles Kennedy of OilPrice.com Pakistan has negotiated the passage of vessels laden with Qatari LNG out of the Strait of Hormuz in a diplomatic feat that no other energy buyer has managed so far in the Iran war. Pakistan, which was the mediator of the U.S.-Iran talks and is passing messages from one to the other, appears to have used well its close ties with both Qatar and Iran to negotiate the successful imports of two tankers with Qatari LNG. Pakistan has...