Trump has given Iran another 10 days: "Pausing ... to Monday April 6"Trump: Very substantial talks are going on with IranSenior Iran official: No plan for talks appears realistic at this stageWSJ. Iran wants US to scale back demands before agreeing to any cease-fire talksMexico central bank lowers benchmark interest rate to 6.75% from 7.00%BOC Rogers: Will have a tough job dealing with structural changes to the economyIsraeli officials have become convinced Trump could soon try to end the war - reportUS sells 7-year notes at 4.255% vs 4.252% WITrump in cabinet meeting: They are begging to make a dealIran officially responded to Trump's peace plan: No dealJD Vance working to eliminate Netanyahu from Trump's decision-making circle - reportUS initial jobless claims 210K vs 210K estimateMarkets:S&P 500 down 1.75%Nasdaq down 2.4%WTI crude as high as $95.44Gold down $92 to $4412US 10-year yields up 7.4 bps to 4.40%USD leads, AUD lagsIt was another day full of twists, including one after the US equity close (probably not a coincidence) where Trump announced a 10-day delay in his threat to hit Iran's power infrastructure. Trump also said ongoing talks are “going very well”. This time he set a firm deadline of April 6 at 8 pm ET, which is Easter Monday. Of course, this is now the third 'deadline' after he started out with just 48 hours.The market reaction was immediately positive but it came after some bruising market moves. What's notable as this unfolds in real time is that S&P 500 futures have given back most of the pop. That might reflect some skepticism that anything has really changed or it might reflect skepticism that anything has really changed. From where I stand, it shows that Trump is strongly pushing for a deal and wants this to end. But will Iran see that as weakness?Notably, we did get an earlier report that the US proposal was seen as excessive by Iran, particularly limiting missiles and regional support and said it was open to talks under more reasonable terms. The US might be willing to offer more or (like Iran accuses) could be using talks as a pre-text to initiate more strikes or activate the troops that are massing. They also might be looking to degrade Iran's ability to strike at regional countries further.For now, the worst-case scenario is avoided but now we settle in for another 10 days of leaks, threats and ongoing military strikes. This also likely means the Strait of Hormuz won't open in that time frame. This article was written by Adam Button at investinglive.com.