BIDEN says he expects an Iranian attack on Israel sooner rather than later. 'My expectation is sooner than later.'

🚨This aid to Russia from China is as significant as providing lethal military assistance, sources said.

Without it, Russia's military would struggle in its war on Ukraine.

US asking European officials to lean on Beijing to stop it.

bloomberg.com/news/articles/…

CVC Poised To Launch IPO As Early As Monday - Financial Times
ft.com/content/a98a84…

BREAKING: As Wall Street trading desks monitor the emerging Iran-Israel conflict following the bombing of the embassy in Syria, here's what they're hearing from contacts in the White House: The likelihood is that Iran counter-strikes imminently, but not at major population…

Iran Signals ‘Calibrated’ Retaliation To Israeli Strike - Financial Times
ft.com/content/bdbc3a…

Fed’s Schmid: Current Stance Of US Monetary Policy Is Appropriate
- Urges Patience On Interest Rates Until Clear Inflation Ebbing To 2%
- Inflation Levels Are Still Too High
- Job Sector Strong, Economy Growing Above Trend
- Would Like To See Much Smaller Fed Balance Sheet

German #ZEW investor confidence is expected is expected to creep higher this month with the #ECB moving toward a June cut, but rising oil prices could mute optimism. $EUR
European Editor Eric Culp previews Tuesday's report here: livesquawk.com/report/special…

#Hezbollah claimed to have launched 62 rockets at #Israel back in January, so would caution against reading too much into tonight's interceptions as part of #Iran 's regime's response to the strike that killed Mohammad Reza Zahedi.

#OOTT | US Baker Hughes Rig Count 12-Apr: 617 (prev 620)
- Rotary Gas Rigs: 109 (prev 110)
- Rotary Oil Rigs: 506 (prev 508)

Translation: Iranian media talks about an “imminent attack” on government targets in Israel within the next 48 hours

Some additional reports that this may have been a Russian launch.

Strange object spotted in the sky over #Iraq .

Putin Told IAEA Russia Plans To Restart Zaporizhzhia Nuclear Plant - The Wall Street Journal
wsj.com/world/europe/p…

ALERT: Hostile aircraft infiltration in northern Israel near Lebanese border.

Fed’s Goolsbee: Multiple Inflation Readings Higher Than We Want, Must Get Inflation Back Down To Target – Fox Biz
- US Is In An Environment Of ‘Cross Currents’

The March core PCE index probably rose 0.27%, according to the forecasters who translate the CPI and PPI

That would lower the 12-month rate to 2.7% from 2.8% in February

The 6-month annualized rate, which jumped to 2.9% in Feb, would tick down to 2.8%

(Translation) The Chief Of Staff In His Assessment Of The Situation: 'We Are Very Strongly Prepared, Closely Following What Is Happening In Iran'

US NY Fed GDP Nowcast Q1: 2.23% (prev 2.25%)
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Iran Warns US To Stay Out Of Fight With Israel Or Face Attack On Troops - @Axios
axios.com/2024/04/12/ira…