First Squawk

U.S. Central Command estimates that Iran relies on sea-based trade for 90% of its economy (@FirstSquaw)

U.S. military says forces have halted most maritime trade entering and leaving Iran (@FirstSquaw)

China’s Xi Jinping met Vietnamese top leader To Lam in Beijing, according to CCTV (@FirstSquaw)

JGBs Mixed; May Be Supported by Prospects of BOJ Policy Hold-WSJ (@FirstSquaw)

Former Treasury Secretary Yellen says the U.S. and China should not move toward economic decoupling (@FirstSquaw)

Hyundai and LG are set to launch a battery facility after a US immigration enforcement raid led to prolonged delays, according to Semafor (@FirstSquaw)

Taiwan’s main stock index advances up to 2%, reaching a record 37,019.87 points (@FirstSquaw)

According to WaPo, the White House prefers Erica Schwartz, ex–Deputy Surgeon General, as CDC chief (@FirstSquaw)

U.S. INTERCEPTS EIGHT IRAN-LINKED OIL TANKERS SINCE START OF BLOCKADE- WSJ (@FirstSquaw)

South Korea’s Bank of Korea governor nominee Shin says close attention will be required on FX movements (@FirstSquaw)

South Korea’s Bank of Korea governor nominee Shin says March dollar–won movement was overly sharp, driven in part by FX forward activity (@FirstSquaw)

Bank of Korea governor nominee Shin says policy action may be needed if Iran war-driven inflation pressures continue for an extended period (@FirstSquaw)