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According to JPMorgan Chase & Co., there is a bias to wait for June forecasts, though reaffirming the March outlook in April may justify a hike.

According to JPMorgan Chase & Co., the second hike is likely after June forecasts, with validation paving the way for a July increase.

Maritime security is key to global energy supplies -ft

Yonhap reports a blaze at an auto parts plant in Daejeon has injured 25 people, with concerns over additional damage.

Rio Tinto sees its price target reduced by JPMorgan Chase & Co. to 7,030p, down from 7,220p.

Financial Times reports that an oil tanker company paid Iran $2 million for secure passage through the Strait of Hormuz.

China’s crackdown on fuel and fertiliser exports spurs supply fears-ft

Kuwait Army states it is currently responding to hostile missile and drone activity.

Goldman Sachs forecasts that the Monetary Policy Committee will begin easing in 2027, bringing Bank Rate down to around 3%.

Goldman Sachs expects the Bank of England to remain on hold throughout 2026, revising its prior forecast of quarterly rate cuts starting in July.

According to NBC citing American sources, an infantry unit left its San Diego base earlier than planned.

The Kuwait Army reports it is engaged in responding to incoming missile and drone threats.

Gold prices climb more than 1%, with spot gold trading at $4,699.12 an ounce.

Cyclone in northern Australia prompts Rio Tinto to halt operations at its bauxite mines, according to Bloomberg News.

United States Department of Justice says it thwarted a cyberattack launched by the Iranian regime.

According to WSJ, Trump is pushing advisers to revise and rethink the strategy for mass deportations.

U.S. tsunami warning system says no tsunami is expected along Atlantic, Gulf, or Pacific coasts after a magnitude 6.7 quake in the South Shetland Islands.

Asia Currencies Consolidate as Traders Assess Mideast Developments-WSJ

OIL FALLS AS TRUMP AND NETANYAHU CALM MARKETS, WTI BELOW $95 WHILE BRENT REMAINS ELEVATED AMID HORMUZ SUPPLY RISKS, WITH IEA STOCKPILE RELEASE OFFERING TEMPORARY RELIEF

GOLD HEADING FOR STEEPEST WEEKLY DROP IN 6 YEARS, DOWN ~8% AS MIDEAST CONFLICT FUELS INFLATION FEARS & REDUCES RATE CUT EXPECTATIONS