๐บ๐ธ The U.S. Annual Core Personal Consumption Expenditures Price Index (PCE) was announced at 3%. (Expectation: 3%)
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๐ฎ๐ท Ship traffic through Strait of Hormuz is still 'well below 10% of normal volumes' according to Reuters report.
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๐บ๐ธ Trump says Iran is doing a โvery poor jobโ of upholding its agreement to allow oil through the Strait of Hormuz.
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๐บ๐ธ Treasury Secretary and Fed Chair summon Wall Street executives to urgent meeting over cyber risk concerns from new AI model.
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๐บ๐ธ U.S. energy inflation soars +10.9% in March, the biggest monthly increase since 2005.
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๐ต๐ฐ Pakistan's Prime Minister says U.S. and Iranian leaders will begin talks tomorrow in Islamabad.
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๐ฎ๐ท Iran is struggling to fully reopen the Strait of Hormuz because it cannot locate all the sea mines it deployed and lacks the capability to remove them, per NYT.
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๐จ๐จ Cloudflare lost over $9 billion in market cap after Anthropic announced its new AI cybersecurity model.
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