{"id":12288,"date":"2026-04-27T06:25:47","date_gmt":"2026-04-27T06:25:47","guid":{"rendered":"https:\/\/wpinitiate.com\/echo-test\/demo973e36f5\/2026\/04\/27\/cnbc-daily-open-trump-insists-we-have-all-the-cards-cnbc\/"},"modified":"2026-04-27T06:25:47","modified_gmt":"2026-04-27T06:25:47","slug":"cnbc-daily-open-trump-insists-we-have-all-the-cards-cnbc","status":"publish","type":"post","link":"https:\/\/wpinitiate.com\/echo-test\/demo973e36f5\/2026\/04\/27\/cnbc-daily-open-trump-insists-we-have-all-the-cards-cnbc\/","title":{"rendered":"CNBC Daily Open: Trump insists: ‘We have all the cards’ – CNBC"},"content":{"rendered":"
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U.S. President Donald Trump boards Air Force One on April 24, 2026 at Joint Base Andrews, Maryland. <\/p>\n

Roberto Schmidt | Getty Images<\/p>\n<\/div>\n

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Hello, this is Leonie Kidd writing to you from London, adjusting to some mild jetlag after a week in Singapore. <\/em><\/p>\n

This morning, it seems two things can be true at the same time. <\/em><\/p>\n

The glass-half-empty view has investors keeping oil prices elevated on concerns over stalled talks between the U.S. and Iran. <\/em><\/p>\n

The glass-half-full view has investors pushing stocks higher in Asia, with Europe and the U.S. set to follow suit,<\/em> on relief<\/em> that tensions have not escalated despite the delayed talks.<\/em><\/p>\n

Markets will most likely turn their attention to earnings this week, with the biggest reporting week stateside and here in Europe, while central banks will also demand attention amid a slew of policy meetings later this week.<\/em> <\/p>\n<\/div>\n

<\/a>What you need to know today<\/h2>\n
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It’s rare to see both oil prices and stocks rallying together, but the uncertainty over the future of talks between the U.S. and Iran<\/a> has investors driving both asset classes into the green in early trade. <\/p>\n

Asia-Pacific markets were mostly higher<\/a> Monday as investors looked past diplomatic setbacks between the U.S. and Iran, sending Japan’s Nikkei<\/a> and South Korea’s KOPSI<\/a><\/span><\/span><\/span> to new record highs. <\/p>\n

But escalating tensions in the Middle East are also keeping oil prices elevated<\/a>, with Brent<\/a><\/span><\/span><\/span> and U.S. crude<\/a> both trading higher.<\/p>\n

President Donald Trump<\/a> on Saturday canceled plans to send U.S. envoys<\/a> Steve Witkoff and Jared Kushner to Islamabad, Pakistan, for negotiations with Iran.<\/p>\n

“Too much time wasted on traveling, too much work! Besides which, there is tremendous infighting and confusion within their ‘leadership,'” Trump wrote in a post on Truth Social<\/a>.<\/p>\n

“Nobody knows who is in charge, including them,” the president said. “Also, we have all the cards<\/a>; they have none! If they want to talk, all they have to do is call!!!”<\/p>\n

But early Monday, Axios<\/a> reported that Iran has provided the U.S. administration with a new proposal to open the Strait of Hormuz<\/a>, but said nuclear talks would need to be postponed to a later stage. <\/p>\n

Meanwhile, Washington is still reeling from the shooting at the annual White House Correspondents’ Dinner<\/a> on Saturday night. An armed man rushed through a security checkpoint and exchanged gunfire with law enforcement. Find out more about the incident here<\/a>.<\/p>\n

In economic news, profits at China’s industrial firms grew at their fastest pace in six months in March<\/a>, even as the Middle East war upended global oil markets and sent raw material costs soaring. Industrial profits jumped 15.8% from a year earlier in March, the sharpest growth since September last year,\u00a0National Bureau of Statistics data<\/a>\u00a0showed Monday, quickening from the\u00a015.2% surge in the first two months<\/a>\u00a0of this year.<\/p>\n

There will be more economic indicators this week with policy meetings for the Federal Reserve (Jerome Powell’s last!), the European Central Bank, the Bank of Japan and the Bank of England. <\/p>\n

\u2014 Leonie Kidd<\/em><\/p>\n<\/div>\n

<\/a>And finally…<\/h2>\n
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Earnings playbook: Five of the \u2018Magnificent Seven\u2019 set to report in busiest week of season<\/strong><\/a><\/p>\n

It’s the busiest week of the earnings season, with five “Magnificent Seven” members likely to set the tone for the rest of the market.<\/p>\n

Meta Platforms, Apple, Amazon, Alphabet and Microsoft are among the more than 160 S&P 500 companies due to post results this week. Some non-Big Tech companies slated to release results include General Motors and Robinhood.<\/p>\n

So far, the corporate reporting period has been strong. Of the roughly 140 S&P 500 members that have issued results, 82% have topped expectations, according to FactSet data.<\/p>\n

\u2014 Fred Imbert<\/em><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

U.S. President Donald Trump boards Air Force One on April 24, 2026 at Joint Base Andrews, Maryland. Roberto Schmidt | Getty Images Hello, this is Leonie Kidd writing to you from London, adjusting to some mild jetlag after a week in Singapore. This morning, it seems two things can be true at the same time. […]<\/p>\n","protected":false},"author":1,"featured_media":12289,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12288","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/wpinitiate.com\/echo-test\/demo973e36f5\/wp-json\/wp\/v2\/posts\/12288","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wpinitiate.com\/echo-test\/demo973e36f5\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wpinitiate.com\/echo-test\/demo973e36f5\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wpinitiate.com\/echo-test\/demo973e36f5\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/wpinitiate.com\/echo-test\/demo973e36f5\/wp-json\/wp\/v2\/comments?post=12288"}],"version-history":[{"count":0,"href":"https:\/\/wpinitiate.com\/echo-test\/demo973e36f5\/wp-json\/wp\/v2\/posts\/12288\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wpinitiate.com\/echo-test\/demo973e36f5\/wp-json\/wp\/v2\/media\/12289"}],"wp:attachment":[{"href":"https:\/\/wpinitiate.com\/echo-test\/demo973e36f5\/wp-json\/wp\/v2\/media?parent=12288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wpinitiate.com\/echo-test\/demo973e36f5\/wp-json\/wp\/v2\/categories?post=12288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wpinitiate.com\/echo-test\/demo973e36f5\/wp-json\/wp\/v2\/tags?post=12288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}