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2026-04-07 Tuesday

2026-04-10

10:06:40

[Iranian Expert: US and Israel Made Huge Miscalculations Regarding Iran; Trump Administration in Dire Straits] Iranian foreign policy expert Abbas Aslani told Xinhua News Agency in Tehran on the 6th that the US government's considerations and predictions regarding its military action against Iran contained "huge errors," failing to achieve its strategic objectives and finding itself in a situation where "the more it struggles, the more difficult it becomes." Aslani said that after weeks of conflict, Tehran has shown no signs of weakness or surrender. Meanwhile, the US and Israel are attacking Iran's energy, scientific, medical, and industrial infrastructure, indicating their failure to achieve their military and strategic goals. They are attempting to pressure the Iranian government by harming the Iranian people, and even attacking nuclear facilities, continuing the war in a "very dangerous way for the entire region." Aslani stated that the US and Israeli invasion aimed to change the Iranian regime and political system, and destroy Iran's military capabilities and infrastructure. However, Iran is still able to shoot down US warplanes and respond to attacks, "meaning that the US and Israel have failed to achieve their strategic objectives." Aslani believes that the Trump administration is, to some extent, "angry and exhausted" about the current situation. Unable to find a way out of the predicament or a way back, they are attempting to further escalate the situation. But the longer the conflict continues, the more complex the situation will become for the United States, and the more severe the consequences will be. The Trump administration will find itself in a "more difficult situation than ever before." (Xinhua)

09:51:11

[Libya's Supreme National Council Rejects US Power-Sharing Proposal] Libya's Supreme National Council on June 6th voted to reject a proposal by Masad Boulos, senior advisor to US President for African Affairs, aimed at achieving a power-sharing arrangement among Libya's major political forces. According to Libyan media reports, the US proposal aimed to merge Libya's opposing factions by bypassing general elections or formal institutional consensus. The proposal suggested that Saddam Haftar, son of Libyan National Army leader Khalifa Haftar, serve as chairman of the Presidential Council and supreme commander of the army. Simultaneously, it proposed that current Prime Minister Ayatollah al-Islam al-Din, the current Prime Minister of the Government of National Accord, concurrently serve as Prime Minister and Minister of Defense. The Supreme National Council is Libya's highest advisory and consultative body. The council issued a statement emphasizing that any political or economic agreement reached outside the framework of the Libyan Political Agreement is invalid. Council member Amina Mahghub told local media that the council voted "categorically against" the proposal. Libya has been in turmoil since the overthrow of the Gaddafi regime in 2011. Currently, the UN-recognized Government of National Accord (GNA) and its supporting armed forces control parts of western Libya, while the House of Representatives, allied with the Libyan National Army (LNA), controls most of the east and south, resulting in a stalemate. Under UN mediation, the two opposing sides signed the Libyan Political Agreement in December 2015, agreeing to end the division and form a GNA, but the agreement has not been implemented. In December 2025, the Libyan National High Electoral Council announced plans to hold presidential and parliamentary elections in mid-April 2026. (Xinhua)

09:50:43

[Ukrainian Flamingo Manufacturer Plans to Collaborate with Europe to Launch Low-Cost Air Defense System] (1) The Ukrainian company Fire Point is in talks with several European companies to launch a new air defense system next year as a low-cost alternative to the Patriot missile system. Co-founder Shtilman said the goal is to reduce the cost of intercepting a ballistic missile to below $1 million and plans to achieve the first intercept by the end of 2027. The company is awaiting government approval for an investment from a Middle Eastern consortium that values the company at $2.5 billion. (2) Fire Point is Ukraine's largest manufacturer of long-range drones. Its Flamingo (FP5) cruise missile has struck targets nearly 1,400 kilometers inside Russia. The company is developing two supersonic ballistic missiles: the FP-7 (range about 300 kilometers, similar to ATACMS) is about to be deployed in combat; the FP-9 (range 850 kilometers, can carry an 800-kilogram warhead) is about to be tested. The company produces hundreds of drones daily (costing approximately €50,000 each) and three Flamingo missiles daily (costing approximately €600,000 each), and plans to increase production. (3) The UAE defense company Edge Group plans to acquire a 30% stake in Firepoint for $760 million, a deal that requires approval from the Ukrainian anti-monopoly agency before October. The investment will be used to build a space launch terminal in the UAE, ultimately establishing a European low-Earth orbit satellite constellation. In addition, the company has received drone procurement intentions from Gulf countries and is awaiting government approval for export.

09:35:11

Australia's seasonally adjusted ANZ total recruitment AD monthly rate for March

Previous : 3.20% Forecast : -

Published Value -3.10%

Previous

09:20:49

[Merrill Lynch Strategist: Gold Under Short-Term Pressure, but Long-Term Structural Support Remains Unchanged] (1) Emily Avioli, Vice President and Investment Strategist at Merrill Lynch, said that high yields, a stronger dollar, and profit-taking have created headwinds for gold in the short term, but all the structural factors that previously drove gold prices well above $5,000/ounce have not disappeared, and the long-term trend for gold remains upward. (2) She pointed out that since the outbreak of the Middle East conflict, gold prices have plummeted by about 16%, moving in the same direction as risk assets, which violates its traditional role as a geopolitical hedging tool. This is mainly related to the position effect, changes in interest rate expectations, and dollar dynamics, rather than changes in fundamentals. After the historic surge, market positions have been overextended, and profit-taking has been amplified by the depletion of institutional cash levels. (3) Rising energy prices have pushed up inflation expectations, delaying interest rate cuts and raising the possibility of interest rate hikes. The increase in real yields has increased the opportunity cost of holding gold. At the same time, the dollar has strengthened due to safe-haven demand, creating headwinds for gold. However, structural forces such as high fiscal deficits, the moderate depreciation trend of the dollar, and the diversification of central bank reserves still exist. Once the uncertainty in the Middle East subsides, these demand drivers should regain their effectiveness, and gold will remain a strategic asset in a balanced portfolio.

09:06:41

[Trump's Tough Threat to Iran Sends Oil Prices Up] 1. Oil prices continued their upward trend on Tuesday after US President Trump escalated his tough rhetoric on Iran, threatening stronger action if Iran does not reopen the Strait of Hormuz. West Texas Intermediate crude futures rose as much as 1.3% to $113.95 a barrel. 3. Trump warned that he would send Tehran "to hell" if Iran fails to reopen the strait by the deadline, and stated that further action would be taken if no agreement is reached. Iran rejected a ceasefire demanded through Pakistan, emphasizing the need for a permanent end to the war and resisting pressure to reopen the Strait of Hormuz. 4. Tim Waterer, chief market analyst at KCM Trade, said that with Trump's ultimatum deadline approaching, the time factor is almost as important to oil prices as fundamentals. The possibility of a ceasefire agreement provides some hedging, but continued supply concerns stemming from the strait's closure and damage to energy facilities continue to support oil prices. 5. The UN Security Council is expected to vote on a resolution to protect commercial shipping in the Strait of Hormuz on Tuesday, but the resolution has been significantly weakened due to China's opposition to authorizing the use of force. 6. The ongoing conflict continues to pressure the global oil market, with refiners in Asia and Europe scrambling for alternative supplies, pushing the premium for US WTI crude oil to a record high. Saudi Aramco set its official selling price for Arab Light crude oil sold to Asia in May at a record premium of $19.50 per barrel over the benchmark. Meanwhile, the attack on the Union terminal of the Caspian pipeline in Russia by a Ukrainian drone further exacerbated supply concerns.

09:02:28

Australia's TD-MI inflation index monthly rate for March

Previous : -0.20% Forecast : -

Published Value 1.30%

Previous

09:02:21

Australia's TD-MI inflation index annual rate for March

Previous : 3.60% Forecast : -

Published Value 4.30%

Previous

08:59:18

Spring wheat sowing rate in the United States up to April 5th -USDA Specific Week

Previous : 95% Forecast : -

Published Value 100%

Previous

08:59:16

Corn seeding rate in the United States up to April 5th -USDA specific Week

Previous : 97% Forecast : -

Published Value 91%

Previous

08:59:14

Cotton seeding rate in the United States up to April 5th -USDA specific Week

Previous : 92% Forecast : -

Published Value 99%

Previous

08:55:11

The growth rate of winter wheat in the United States as of April 5th -USDA specific Week

Previous : 48% Forecast : -

Published Value 35%

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54.52

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