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The preliminary reading of the University of Michigan Consumer Sentiment Index for April was 47.6, below the expected 52 and the previous reading of 53.3.

2026-04-10

The preliminary reading of the University of Michigan Consumer Sentiment Index for April was 47.6, below the expected 52 and the previous reading of 53.3.

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2026-04-10

Market news: Ebrahim Azizi, chairman of the Iranian parliament's National Security Committee, stated that parliament has proposed a permanent ban on oil tankers with ties to the United States and Israel passing through the Strait of Hormuz. Ships wit

Market news: Ebrahim Azizi, chairman of the Iranian parliament's National Security Committee, stated that parliament has proposed a permanent ban on oil tankers with ties to the United States and Israel passing through the Strait of Hormuz. Ships with ties to or traveling to Israel will also be prohibited from passage, and the ban will also apply to countries that have taken action against the "Resistance Front."
2026-04-10

President Trump rejected the Pentagon's portrayal of China as America's top security threat during briefings on the National Defense Strategy last fall. He ordered a rewrite, and the final document, released in January, shifted to a more conciliatory

President Trump rejected the Pentagon's portrayal of China as America's top security threat during briefings on the National Defense Strategy last fall. He ordered a rewrite, and the final document, released in January, shifted to a more conciliatory tone, stating Trump “seeks a stable peace, fair trade, and respectful relations with China." This marks a dramatic reversal from his first term's aggressive stance, which included trade tariffs and sanctions. In essence, Trump 2.0 is adopting a “Don’t rock the boat” approach, prioritizing stability over aggressive moves.
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