VP Vance has arrived at the White House, via CNN, later adds that Hegseth and Rubio are also there

The arrival of VP Vance and other key figures at the White House signals potential discussions on critical policy issues that could influence market sentiment.

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US military has significantly depleted its stockpile of key missiles during the war with Iran and created a “near-term risk” of running out of ammunition in a future conflict should one arise in the next few years, via CNN citing sources

The US blockade of the Strait of Hormuz has contributed to the ongoing uncertainty surrounding a second round of talks between Iranian and American negotiators, according to CNN citing officials familiar with the matter

VP Vance has arrived at the White House, via CNN, later adds that Hegseth and Rubio are also there

Atlanta Fed GDPNow (Q1 26): 1.2% (prev. 0.9%)

[MARKET UPDATE]: Oil climbs and stocks slide over the last couple of hours with still no confirmation of US/Iran talks while multiple reports say US delegation has not left for Pakistan yet and Iran has not yet made up its mind

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Context

This could relate to ongoing geopolitical dynamics, particularly in areas affecting trade and national security, potentially impacting sectors like defense and energy. Keep an eye on how this may affect risk appetite in the markets today.

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