Market 04/21: US-Iran Stalemate as Neither Side Backs Down

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Key Headlines:

• Round 2 Talks: Neither US nor Iran Has Arrived in Pakistan

• US Continues Blockade, Inspects Ships in Pacific

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• March Retail Sales Surge

• +54.75K/week

• +1.5% MoM

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• Immediate $5B investment

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• Internals confirm this: sellers in control but light. VIX +6%, short-term hedging demand emerging.