Citi now expects the Federal Reserve to cut interest rates in September, revising its previous forecast from June. The ongoing market turbulence persists. mt in max

BlackRock plans to launch its ETF on the Nasdaq 100, ticker #IQQ, challenging Invesco's dominant QQQ ETF. More details can be found at mt в max.

India's March oil imports from Russia surged 90% month-on-month, reports RTRS. mt in max

The Central Bank of Russia is expected to maintain its key interest rate at 15% in April, according to Tsifra Broker.

Iran has responded to Pakistan regarding the U.S. proposal to end the war, according to IRNA. For more details, visit mt in max.

Iran rejects U.S. proposal for temporary truce after two weeks of negotiations, according to IRNA. Iran provided a 10-point response through Pakistan, emphasizing its goal for a complete end to the conflict rather than a temporary ceasefire. More details can be found here.

Santiment reports a significant increase in fear of missing out (FOMO) surrounding Bitcoin, cautioning that the recent price spike may be temporary and potentially misleading. mt in max

The United States is reportedly preparing for potential strikes on Iranian energy targets, according to a Wall Street Journal report. Tensions remain elevated amid ongoing geopolitical concerns. More details can be found on the WSJ website. Additional information is available at MT in Max.

Reports indicate Trump is a decisive leader, with upcoming strikes expected to be the most powerful to date. mt in max

President Trump signals interest in acquiring Greenland. More details available.

Novatek has established a company for the construction of marine vessels and floating structures. For more details, see the full report on the TASS website. Additional insights available here.

In the foreign exchange market, the US dollar is valued at 6.88 against the Chinese yuan (CNY) and at 80.70 against the Russian ruble (RUB).

Australia's economy contracts as Services PMI declines to 46.3 from 52.8, and Composite PMI drops to 46.6 from 52.4.

Oil prices are expected to be volatile in the near term, according to WSJ. The deadline for Trump's ultimatum on Iran is set to expire at 3:00 a.m. Moscow time between April 7 and 8. More details are available at mt in max.

The European Union is preparing for a potential crisis by considering a range of austerity measures. Proposed policies include managing air conditioning settings, encouraging remote work, and implementing fuel rationing combined with flight restrictions. The reliance on fossil fuels continues to threaten price stability, according to reports from El Pais and the Financial Times. Further details are available at max.ru.

The European Union is contemplating revoking Hungary's voting rights should Prime Minister Viktor Orbán secure victory in upcoming elections. The move could facilitate the EU's ability to extend a loan to Ukraine, according to Pekka Tovari, head of the Ukraine-EU Parliamentary Cooperation Committee in the European Parliament. Analysts warn that such a measure might threaten Hungary's status within the EU. mt in max

Reports indicate former President Donald Trump may delay strikes on Iran’s civil and energy infrastructure if a diplomatic deal seems probable, according to a senior U.S. official cited by Axios. Such a postponement could prompt a temporary decline in oil prices if Trump decides to delay his threat to Iran. More details are available at mt in max.

Prices for aluminum and copper are expected to increase between 16% and 31% in 2024 compared to last year, driven by ongoing conflicts in the Middle East and a slowdown in raw material production, according to a forecast by Kept. More details available on MT in Max.

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

Russia's Federal Antimonopoly Service (FAS) has approved DP World's acquisition of a stake in FESCO, according to reports from Izvestia. For more details, visit MT in Max.

Samsung forecasts an eightfold rise in first-quarter profit amid robust demand for AI chips. Read more.