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Real-time News
An earthquake with a magnitude of 5 struck northern Nagano Prefecture, Japan.The U.S. Federal Aviation Administration will cut flights at major U.S. airports to reduce delays.On April 18th, a reporter from NewsNation asked Trump about his previous claim that almost all agreements had been reached with Iran, while Irans version differed. Trump replied that he was "just telling the truth." He stated, "They have to say something different because they also have to cater to other people." "I really didnt mean anything else, Im just doing what I think is right, Im just telling the truth." Trump added, "I think were in a very good position right now, and most importantly, Iran wont have nuclear weapons. You absolutely cannot let Iran have nuclear weapons, that comes above everything else."On April 18, French President Emmanuel Macron and British Prime Minister Keir Starmer hosted an international conference in Paris, France, on April 17, focusing on ending the current Middle East conflict through diplomatic means, reopening the Strait of Hormuz, and providing security guarantees for shipping through the strait once the situation stabilizes. Macron and Starmer stated that France and the UK will lead a defensive multinational operation to ensure the safety of shipping in the Strait of Hormuz when conditions permit, and preparatory meetings will be held in London next week. Italian Prime Minister Meloni said it is necessary to ensure the Strait of Hormuz is free of mines, and Italy is willing to provide naval support on a fully defensive basis. German Chancellor Merz stated that Germany will participate in planning discussions and welcomes the participation of the United States if possible.On April 18, Ding Xuexiang, Special Representative of President Xi Jinping, Member of the Standing Committee of the Political Bureau of the CPC Central Committee, and Vice Premier of the State Council, attended the groundbreaking ceremony for the fourth phase of the Renaissance Gas Field project in Turkmenistan from April 15 to 17. Ding emphasized that natural gas cooperation is the cornerstone of China-Turkmenistan relations, bringing tangible benefits to the people of both countries. Both sides should pay greater attention to proceeding from a strategic perspective and long-term interests, adhere to working together, accelerate the implementation of major projects, seize the opportunity of the cooperation window, expand the scale and scope of natural gas cooperation, and improve the quality and efficiency of energy cooperation. At the same time, they should further enhance cooperation in non-resource areas such as connectivity, trade and investment, agriculture, and the digital economy, cultivating new growth points. They should jointly promote China-Central Asia cooperation and work together with regional countries to seek common development and prosperity.

Forex

Volatility subsides around 101.80 as focus shifts to US S&P PMI in US Dollar Index Price Analysis

The US Dollar Index is in the green in advance of provisional US S&P PMI data. Thursday's market behavior was erratic after the publication of the eleventh consecutive report of higher-than-anticipated unemployment claims. The Fed's decision to increase interest rates has led to persistently deteriorating labor market conditions.