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Oman Says It Has Saved The Crew Of A Malta-Flagged Shipping Vessel That Was Targeted By Two Missiles Near Strait Of Hormuz

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The S&P 500 Opened 15.06 Points Higher, Or 0.22%, At 6831.69; The Dow Jones Industrial Average Opened 88.50 Points Higher, Or 0.18%, At 48589.77; And The Nasdaq Composite Opened 104.20 Points Higher, Or 0.46%, At 22620.89

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Toronto Stock Index .GSPTSE Rises 120.20 Points, Or 0.36 Percent, To 33905.14 At Open

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[US Defense Secretary Says US-Iran Conflict Could Last 8 Weeks Or Longer] On March 4, Local Time, US Defense Secretary Peter Hegses Stated That The Conflict Between The United States And Iran Could Last For Several Weeks, Possibly Up To Eight Weeks Or Even Longer. He Said The Pace Of The Conflict Would Be Determined By The US, "it Could Be Four Weeks, Six Weeks, Or Eight Weeks," And The US Would Control The Speed And Intensity Of The Operations

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[Erbil, Iraq, Alleged To Host Regional Headquarters Of Mossad And CIA] Since The US-Israeli Military Strikes Against Iran, Tensions In Iraq Have Escalated. Iran And The Iraqi Shiite Militia Group, The Islamic Resistance Organization (IRISO), Have Launched Drone And Missile Attacks On Erbil, The Capital Of The Kurdistan Region In Northern Iraq, For Several Consecutive Days. According To Iraqi Militia Expert Atwani, Erbil Is Alleged To Host Regional Headquarters Of Israel's Mossad And The US Central Intelligence Agency (CIA), Serving As A "springboard" For US-Israeli Instigation Of Unrest Within Iran. Iran Also Believes That Sabotage Operations Against Its Territory Primarily Originate From Erbil

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China's Foreign Minister: China Will Send Its Special Envoy On The Middle East Issue To Regional Countries To Conduct Mediation Efforts

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[Trump Proposes To Abolish "Seniority Protection" In Federal Layoffs] According To The Trump Administration's Latest Proposal To Reform The Government's Employment Protection Program, Federal Employee Layoff Decisions Will Be Based Primarily On Employee Performance, Rather Than Their Years Of Service

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China's Foreign Minister: Attacks On Civilians And Non-Military Targets Must Be Condemned

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Israel Defense Forces: Missiles Originating From Iran Have Been Identified And The Interception System Has Been Activated

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UK Warship Will Not Be Deployed To Cyprus Until Next Week - Sky News Says

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Russian Central Bank: Sets Official Rouble Rate For March 5 At 77.8009 Roubles Per USA Dollar (Previous Rate - 77.6093)

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Israeli Military Says Two Soldiers Injured After Anti-Tank Fired Towards Troops In Southern Lebanon On Wednesday

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Fed Data - USA Effective Federal Funds Rate At 3.64 Percent On 03 March On $101 Billion In Trades Versus 3.64 Percent On $97 Billion On 02 March

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[Sources: EU Receives Guarantee Of No Tariffs From US] According To US Media Reports, Although US Treasury Secretary Bessenter Stated That The 15% General Tariff Rate Is Likely To Take Effect This Week, The EU Expects The US Will Not Raise Tariffs On European Goods. Sources Familiar With The Matter Revealed That The EU Has Received Assurances That The US Will Maintain The 10% General Tariff Level On EU Exports

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Iranian Media: A Spokesperson For The Iranian Armed Forces Stated That If Israel Attacks The Iranian Embassy In Beirut, Iran Will Target Israeli Embassies Around The World

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Poland's Central Bank Cuts Rediscount Rate To 3.80% From 4.05%

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Poland's Central Bank Cuts Lombard Rate To 4.25% From 4.50%

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Poland's Central Bank Cuts Deposit Rate To 3.25% From 3.50%

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Poland's Central Bank Cuts Main Interest Rate To 3.75% From 4.00%

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Oil Futures Fall Further, Brent Crude Down 1.1%

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Two Sources Close To Matter: Qatar To Fully Shut Gas Liquefaction On Wednesday

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[US Defense Secretary Says US Military Cannot Completely Intercept All Drones From Iran] On March 4, Local Time, US Defense Secretary Peter Hegses Stated That The US Military Cannot Completely Intercept All Drone Attacks Originating From Iran. Hegses Said That The US Military Has Deployed As Many Anti-drone Systems As Possible On The Front Lines And Invested Significant Resources In Strengthening Its Defense Capabilities, But This Does Not Mean That It Can Intercept All Attacks

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Kuwait Summons Iraqi Chargé D'Affaires Over 'Attacks Launched By Iraqi Armed Factions That Targeted Kuwait' - Kuwaiti Foreign Ministry

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Interior Ministry - Sirens Sounded In Bahrain

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Miran: Do Not Have A Good Idea Of When Warsh Will Become Chair But Hope To Have Clarity Soon

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Miran: Have Not Talked To Trump Since Resigning As Chair Of Cea

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Miran: Don't Think Credit Issues Warrant A Change In Monetary Policy

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Miran: Fed Should Accommodate Ai Jobs Transition With Easier Monetary Policy

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Miran: Would Like To Continue With Quarter-Point Cuts Until The Fed Reaches Neutral, Then Reevaluate

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Ship Was Heading Back To Iran From Eastern Indian Port, Sri Lanka Deputy Foreign Minister Tells Local TV

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Miran: Appropriate To Continue To Cut At The March Meeting, Have Not Changed The Outlook Based On The Outbreak Of Conflict In Iran

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Miran: I Think We Are Likely Now One Percentage Point Above The Neutral Rate

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Miran: If Housing Inflation Decelerates As Expected The Fed Could Undershoot The 2% Target

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Miran: A One Percentage Point Rate Cut This Year Would Be Appropriate

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Miran: Markets Dont Seem Concerned About Long Term Inflation Expectations

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[US Embassy In Qatar Urges Citizens To "Leave Immediately"] The US Embassy In Qatar On March 4 Urged American Citizens In Qatar To "leave Immediately." The Embassy Stated On Social Media That Day: "On March 3, The US State Department Ordered The Evacuation Of Non-emergency US Government Personnel And Their Families From Qatar Due To The Threat Of Armed Conflict. US Citizens In Qatar Should Leave Immediately If It Is Safe To Do So." The Statement Also Noted That Qatari Airspace And Sea Lanes Remain Closed. Currently, The Salwa Border Crossing To Saudi Arabia Remains Open

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US Defense Secretary Hegseth: Only Limits Are Trump's Desire To Achieve Specific Effects In Iran War

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Miran: There Is A 2-Year Trend Of Labor Market Weakening, And It Is Too Early To Reject That Based On One Or Two Months Of Data

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US Defense Secretary Hegseth: Iran Cannot Outlast US

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Miran: In My View, Monetary Policy Is Still Slightly Tight At Present

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Miran: This Is Different Than Ukraine Invasion In 2022, Because Monetary And Fiscal Policy Were Both More Expansionary

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[Iranian Veterans Apply For Combat] The Iranian Military Issued Its 10th Announcement Today (March 4), Stating That In Light Of The US And Israeli Attacks On Iran, A Large Number Of Veterans And Iran-Iraq War Veterans Have Applied To Fight Alongside Active-duty Soldiers. This Request Has Been Approved By Commander-in-Chief Khatami

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[Public Support For Peace Talks Hits Record High Of 67%, Fatigue Offsets Long-Term Military Support] A Poll Shows That While Public Support For Military Action Remains High, The Number Of People Supporting Peace Talks Rather Than Continuing The Conflict Has Reached A Record High. According To The Levada Center, An Independent Research Institute In Moscow, Support For Peace Talks Has Risen To 67%, While Support For Continuing The Conflict Has Fallen To 24%, The Lowest Level Since The Conflict Began In February 2022. Meanwhile, Russians Are Increasingly "out Of Touch" With The Conflict, Which Has Entered Its Fifth Year, With A Record 56% Saying They Do Not Follow Or Rarely Follow Related News. "On The One Hand, This Reflects The Growing Fatigue Of The Public With The Conflict; People Just Want It To End; On The Other Hand, They Want It To End On Russian Terms," ​​said Denis Volkov, Director Of The Levada Center, In A Telephone Interview On Wednesday. He Added That As The Conflict Drags On, There Are Still Concerns About A Possible New Round Of Mobilization

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Miran: Evidence That Oil Prices Feed Into Core Inflation Is Quite Limited

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[Israeli Military Claims To Have Destroyed Defense And Reconnaissance Systems At Iran's Mehrabad Airport] On The Afternoon Of March 4 Local Time, The Israel Defense Forces Announced That The Israeli Air Force Had Struck Infrastructure At Tehran's Mehrabad Airport In The Tenth Round Of Attacks, Destroying Its Defense And Reconnaissance Systems

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US Defense Secretary Hegseth: Iran Had No Intention Of Negotiating A Nuclear Deal With The United States

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New York Fed Accepts $0.005 Billion Of $0.005 Billion Submitted To Standing Repo Operation On Mar 04

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Canada Q4 Productivity -0.1%, Q3 Productivity +1.1% (Rev From +0.9%)

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US Defense Secretary Hegseth: Investigating Attack On Girls School In Iran

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US Defense Secretary Hegseth: No Sense Turkey Incident Will Trigger NATO Article 5

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