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UMich final March consumer sentiment 53.3 vs 54.0 expected

The oil market is getting impatient and it’s weighing on risk assets

investingLive European session wrap: Risk retreats as Trump extension sees limited relief

IRGC warns that Strait of Hormuz remains “closed”, prohibits any passage by US allies

What are the main events for today?

Spain March preliminary CPI +3.3% vs +3.7% y/y expected

UK February retail sales -0.4% vs -0.7% m/m expected

The can being kicked down the road is not a good thing for markets

investingLive Asia-Pacific FX news wrap: Trump pauses Iran energy strikes for 10 days

China industrial profits jump 15.2% as war risks threaten outlook

China January – February Industrial profits rocket higher, +15.2% ytd y/y (prior +0.6%)

Trump has given Iran another 10 days: “Pausing … to Monday April 6”