Market news: A spokesperson for Iran's National Security and Foreign Policy Council announced that the council has approved a key part of a strategic operation to ensure the security of the Strait of Hormuz and the Persian Gulf. The council emphasize

Domestic News: 1. my country achieves major breakthrough in sodium-ion batteries. 2. Media: Foxconn is trial-producing Apple's foldable screen phone. 3. During the Qingming Festival holiday, the average daily sales of key retail and catering enterprises nationwide increased by 2.4% year-on-year. 4. Six departments, including the Ministry of Commerce, issued guiding opinions on better serving the real economy and promoting the high-quality development of e-commerce. International News: 1. Australia and New Zealand enter winter time. 2. Wells Fargo and Citigroup postpone expectations of a Federal Reserve interest rate cut. 3. The US services price index surged in March, reaching a new high since October 2022. 4. Two Federal Reserve officials warned of a severe inflation situation, hinting at a tightening rather than easing of monetary policy. 5. Iran situation— ① Trump: Tuesday is the deadline for reaching an agreement (8:00 AM Wednesday Beijing time); Iran's proposal is not good enough; a plan has been developed to destroy Iranian bridges and power plants within four hours; rather than letting Iran collect tolls in the Strait of Hormuz, let the US collect them. ② US media: US-Iran mediators make final efforts to secure a 45-day ceasefire. ③ Iran conveys its response to the US proposal, rejecting a temporary ceasefire and emphasizing a permanent end to the war. The response includes ten demands from Iran. ④ Ship traffic in the Strait of Hormuz rises to its highest level since early March. ⑤ Netanyahu urged Trump not to seek a ceasefire temporarily during a phone call with him on Sunday. ⑥ Israeli military claims airstrikes on Iran's largest petrochemical facility. ⑦ Head of Iranian Revolutionary Guard's intelligence agency killed. ⑧ Iranian Foreign Ministry: US pilot rescue operation may be for theft of enriched uranium. ⑨ Israeli Defense Minister: Has instructed the military to continue its full-scale strikes against Iranian national infrastructure. ⑩ Iranian official: Will not reopen the Strait of Hormuz in exchange for a "temporary ceasefire."

TRUMP: IRAN PROPOSAL BIG STEP, NOT GOOD ENOUGH