Note: The X account is not owned by the original Enron entity. Users should be aware of the risk.

April 29: Per Bitget market data, Intel surged 7% to a new all-time high, posting a 105% monthly gain.

April 29 (CNN) — After U.S. President Donald Trump rejected a previous peace proposal, Pakistan’s mediation team is expecting Iran to submit a revised version, CNN has learned. Sources familiar with the matter say Iran could respond as early as today or delay its reply until Friday. They add the delay signals challenges in reaching Iran’s Supreme Leader Ayatollah Ali Khamenei, noting all parties are showing patience in different ways. Pakistani Prime Minister Nawaz Sharif told his cabinet the Iranian foreign minister — who led negotiations in Islamabad last weekend — “assured me he would give a reply.” While no specific timeline was provided, this public push to Iran is notable, especially after the White House signaled its patience is wearing thin.

On April 29, the Senate Banking Committee voted to advance Lael Brainard’s nomination as Federal Reserve Chair to the full Senate.

April 29th Official sources confirm OKX Onchain OS has launched the Agent Payments Protocol (APP)—an open payment standard for AI Agent commercial activities. The protocol outlines payment methods for AI Agents in commercial settings, allowing them to move beyond single transactions to end-to-end business workflows. It supports multiple payment models, including one-time, batch, pay-as-you-go, and escrow payments. The APP uses a multi-chain open architecture, enabling any blockchain to deploy its own version. Initial partners include the Ethereum Foundation, Uniswap, Aptos, Nansen, Paxos, MoonPay, Altlayer, Zerion, and QuickNode, among others. OKX Onchain OS noted the APP’s launch will deliver critical payment infrastructure for the Agent economy, advancing AI Agents from "payment execution" to the "business era".

April 29 — White House officials said Tuesday that President Trump met with oil company executives to discuss a potential months-long blockade of the Strait of Hormuz if needed. U.S. Treasury prices, already under pressure, fell on the news. Brent crude extended gains, with intraday increases hitting 5% at one point, further pressuring the Treasury market. Commodity Trading Advisors (CTAs) closed out profit-taking short positions after the report, only to resume selling shortly afterward. Algorithmic trading took the lead as key support levels across the yield curve were breached. U.S. Treasury yields continued climbing: the 2-year yield hit 3.90%, its highest level since March 30. (FX168)

April 29th — BNP Paribas warned in its latest quarterly outlook that the global economy could slip into recession if international oil prices surge to $200 per barrel, paired with supply chain disruptions and global monetary tightening. The bank noted the escalating Iran situation is already weighing on the global economy, forecasting slower global GDP growth than its earlier 2024 projections, persistent high inflation, and central banks worldwide forced to maintain more hawkish policy stances. Driven by Middle East tensions, international oil prices extended gains Wednesday: WTI crude rose up to 5% intraday, while Brent crude topped $109 per barrel. Markets fear the Iran-U.S. standoff over the Strait of Hormuz could further threaten global energy shipments. Even without the extreme $200 oil scenario, BNP Paribas’ baseline forecast calls for average oil prices around $100 per barrel in H1 2024 — and the global economy is already teetering on recession’s edge. The bank defines