13:55 (IR) Pres. Trump: "I stated, numerous times, that it would take 4-6 weeks to get rid of THE IRAN NUCLEAR THREAT, and I did it in one night! The rest of the time is just to make sure it stays that way." - Truth Social13:51 (IR) Reportedly US to send up to 10K more troops and a 3rd aircraft carrier group to the Middle East - WSJ13:30 (US) Fed's Jefferson (voter): Fed may need "more time" to assess the data; Not seeing spill over from tariffs or energy; Inflation risks tilted to the upside14:02 (US) Treasury liquidity buyback targets coupons maturing 2037-2046; Receives $46.4B of offers for buyback, accepts $6B (accepts full $6B after falling short of maximum the prior 2 week)12:40 (US) President Trump: Interest rates will hurt our growth - comments to reporters13:59 (MX) Mexico Sept IMEF Manufacturing Index: 50.0 v 49.8e
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(CN) China reportedly discussing frontloading stimulus to counter tariff hit - press

**Reminder: earlier, Analysts: China policymakers expected to undertake "more" proactive measures to support the property sector - financial press
- earlier, Renewed speculation that China may have room to cut RRR– People's Daily Op-ed
- earlier, China govt: US should stop using tariffs as a weapon to suppress china's economy and trade - China state media
- on Mar 21st, China PBOC reiterated would cut RRR and interest rates at appropriate time

**Note: on Apr 6th, Trump said not making China deal unless the trade deficit is solved – financial press
- on Apr 4th, China announces extra 34% tariffs on “all” US goods; effective from April 10th; also announces restrictions on some rare earth-related items – Press

**Note: on 'Liberation Day', US announced 34% reciprocal tariff on China (against 67% that is applied on US)
12:24 (US) Market Trading Hours Summary: As expected, Dec PCE runs hotter than CPI, Q4 GDP impacted by shutdown; Supreme Court strikes down IEEPA tariff powers
S&P 5007719.25 ▲0.88%EUR/USD1.12 ▼0.9%USD/JPY158.18 ▲0.03%GBP/USD1.32 ▼0.56%OIL--Gold4202.3 ▼12.83%