Tensions in the Persian Gulf and expectations regarding the Fed dominate the markets.

In recent hours, a series of events have increased tensions in the Persian Gulf region. Iran issued a warning to a U.S. military vessel, threatening an attack if it passes through the Strait of Hormuz. This situation has been further exacerbated by reports of a possible delivery of Chinese air defense systems to Iran in the coming weeks. Despite mediation attempts, negotiations regarding security in this area have stalled, which could lead to further escalations. The Strait of Hormuz is a key route for oil transportation, and potential disruptions in the flow of the commodity could have serious consequences for global energy markets.

Investors are eagerly awaiting the next FOMC meeting scheduled for the end of April. The current Fed interest rate is 3.50-3.75%, and the market almost unanimously expects this rate to remain at the current level. The Fear & Greed Index indicates an improvement in sentiment compared to last week, although fear still prevails. The Fed's decisions will be crucial for the further direction of the stock and bond markets, especially in the context of ongoing geopolitical tensions and their impact on the global economy. Investors are closely monitoring any signals that may suggest a change in monetary policy, which could significantly affect asset valuations.

Tomorrow will bring further observations of the situation in the Persian Gulf and its impact on oil markets. Investors will also be monitoring any new signals regarding US monetary policy, especially in the context of the upcoming FOMC meeting. It will also be important to monitor the reactions of global markets to the current geopolitical tensions.