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Are markets waiting for Trump to come to the rescue once again?

Japan issues tsunami warning after major 7.5 magnitude quake hits

Pakistan Army Chief Munir spoke to Trump, told him Hormuz blockade is hurdle to talks

Pakistan has reportedly intensified efforts to try and get US and Iran talks to proceed

Differences over nuclear programme remains unresolved, says senior Iranian official

Iran continues to reaffirm that US demands have been “unserious” and “unrealistic”

What are the main events for today?

German producer prices in March see largest monthly jump since August 2022

Markets tense up again upon return from the weekend

investingLive Asia-Pacific FX news wrap: Hormuz reclosure, oil up at the open.

India and South Korea target $50bn trade as both seek deeper economic ties

Some, not all, of the Monday morning gaps are filling. Oil, no. Equites, NO. FX, some.