In the foreign exchange market, the US dollar trades at 6.88 against the Chinese yuan and 80.70 against the Russian ruble.

Australia’s economy contracts as Services PMI declines to 46.3 from 52.8, while Composite PMI slips to 46.6 from 52.4.

Oil prices are expected to remain volatile in the short term amid recent headlines, according to WSJ. The deadline for Trump's Iran ultimatum concludes at 3:00 a.m. Moscow time, spanning April 7 to 8. More details are available at mt in max.

The European Union prepares for an impending energy crisis, with proposed measures including temperature controls for air conditioning, increased promotion of remote work, and fuel rationing policies such as flight restrictions. Authorities warn that reliance on fossil fuels threatens price stability amid ongoing geopolitical tensions, as detailed in reports by El Pais and the Financial Times. Further analysis available at Max MarketTwits.

The European Union is contemplating the suspension of Hungary’s voting rights should Prime Minister Viktor Orbán secure a victory in upcoming elections. This potential move aims to facilitate the EU's ability to approve a loan package for Ukraine, according to Pekka Tovari, head of the Ukraine-EU Parliamentary Cooperation Committee in the European Parliament. Analysts caution that stripping Hungary of its voting rights could trigger broader debates over its EU membership status. mt in max

Reports indicate former President Donald Trump may postpone strikes on Iran's civil and energy infrastructure if diplomatic negotiations show promise, according to a senior U.S. official cited by Axios. A potential delay could trigger a short-term decline in oil prices if Trump announces a postponement of his ultimatum to Iran. More details are available on mt in max.

Aluminum and copper prices are projected to surge between 16% and 31% this year amid geopolitical tensions in the Middle East and declining raw material output, according to a Kept forecast. Further details can be found on MT in Max.

New global copper deposit discoveries have sharply declined since 2018, despite sustained high demand, according to mt в max.

Russia’s Federal Antimonopoly Service (FAS) has authorized DP World to acquire a stake in FESCO, according to Izvestia. For more details, visit mt in max.

Samsung forecasts an eightfold surge in Q1 profit, buoyed by robust demand for AI chips. Read more

The next Bilderberg Club meeting is scheduled to take place from April 10 to 12, 2026, in the United States. mt в max

Polygon to undergo Giugliano hard fork on April 8 to improve network speed, according to MT in Max.

JPMorgan forecasts the tokenized real-world assets (RWA) market could hit $13 trillion by 2030. BlackRock's CEO emphasizes tokenization as a trillion-dollar industry still in its early stages. More insights at mt in max.

Russia's ING has canceled the sale of its local subsidiary, a move announced over a year ago. The agreement with AO "Global Development" was terminated due to unrealistic expectations of the buyer securing required regulatory approvals. For more details, visit mt in max.

Uzbekistan and the United States are establishing the Business and Investment Council. mt in max

Russia delays lunar missions Luna-28, Luna-29, and Luna-30 until 2032-2036, according to Sergey Chernyshov, Vice President of the Russian Academy of Sciences. for more details, visit max.

Tehran rejects any notion of a "temporary ceasefire" with the United States, according to Reuters. Read more

The United States and Israel launched new strikes on Iran today. Hegset had previously pledged that the operations would be decisive. Iran confirmed attacks on Kharg Island, a key export terminal responsible for approximately 90% of its oil shipments.

Former President Donald Trump warned that Iran faces a potential catastrophic event, describing it as a moment that could see an entire civilization vanish overnight. While expressing regret over the prospect, he indicated that significant shifts could occur with new leadership emerging. Trump characterized the development as a historic turning point, hopeful for positive change after years of instability. He concluded by expressing well wishes to the Iranian people.

High-level U.S. officials report ongoing positive negotiations with Iran, with expectations for a breakthrough by the end of the day, according to Fox News. For more, visit mt in max.

Concerns are mounting among current and former Trump advisors over the potential for him to order a nuclear strike on Iran, according to The Guardian. The American Conservative suggests Trump may consider using nuclear weapons against Iran. Tucker Carlson has called for those close to the former president to seize his nuclear codes. More details can be found at mt in max.