Monday, April 06, 2026

Tuesday Watch

Around X:

  • @ZeroHedge
  • @MarioNawful
  • @GeneralMCNews
  • @OwenShroyer1776
  • @BRICSinfo
  • @Breaking911
  • @KobeissiLetter
  • BREAKING: Iran has delivered its highly anticipated "10-point" response to the US' "15-point peace plan." Iran's 10-point plan includes: 1. Guarantee that Iran will not be attacked again 2. Permanent end to the war, not just a ceasefire 3. End to Israeli strikes in Lebanon 4. Lifting of all US sanctions on Iran 5. End to all regional fighting against Iranian allies 6. In return, Iran would open the Strait of Hormuz 7. Iran would impose a Hormuz fee of $2 million per ship 8. Iran would split these fees with Oman 9. Iran to provide rules for safe passage through Hormuz 10. Iran to use Hormuz fees for reconstruction instead of reparations. President Trump's "deadline" for a peace deal with Iran is 25 hours away.. 
  • @HormuzLetter
  • @LaurenLee
  • @pati_marins64
  • @sayerjigmi
  • @jackunheard
  • @Melgibsonacts
  • @DawnsMission
  • @JustJenRX
Night Trading 
  • Asian equity indices are -.5% to +.5% on average. 
  • Asia Ex-Japan Investment Grade CDS Index 85.75 -.75 basis point.
  • China Sovereign CDS 51.25 unch.
  • China Iron Ore Spot 106.7 USD/Metric Tonne +.1%. 
  • Crude Oil 115.10/bbl. +2.5% 
  • Gold 4,655.3 USD/t oz. -.63%. 
  • Swiss Franc/Offshore Chinese Renminbi Cross 8.60 +.13%.
  • Bloomberg Emerging Markets Currency Index 35.40 -.1%.
  • Bloomberg Global Risk-On/Risk Off Index 105.1 +.4%
  • US 10-Year Yield 4.35% +2.0 basis points.
  • Japan 30-Year Yield 3.79% +3.0 basis points. 
  • Volatility Index(VIX) futures 23.7 +1.4%.
  • Euro Stoxx 50 futures +.18%. 
  • S&P 500 futures -.57%.
  • NASDAQ 100 futures -.77%.
Morning Preview Links

BOTTOM LINE: Asian indices are mostly higher, boosted by commodity and industrial shares in the region. I expect US stocks to open modestly lower and to maintain losses into the afternoon.  The Portfolio is 25% net long heading into the day.

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