BlockBeats News, April 19th. The temporary ceasefire between the US and Iran is set to expire on Tuesday, Eastern Time. President Trump stated that the US delegation will arrive in Islamabad, the capital of Pakistan, on the evening of April 20th, Eastern Time, to participate in the US-Iran negotiations scheduled for April 21st. Currently, Iran has indicated that they have not decided to send a negotiation delegation as long as there is a naval blockade (they will not negotiate). Additionally, the confirmation hearing for Federal Reserve Chair nominee Powell will also take place on the same day, with market predictions from Polymarket showing a 94% probability of Powell being ultimately confirmed as the Federal Reserve Chair. The highly anticipated Trump TRUMP token luncheon in the crypto community will also be held on Saturday. Other key macro data and events are as follows:

Monday:

China's Loan Prime Rate for April 20th;

German Chancellor Merkel and ECB President Lagarde will deliver speeches.

Tuesday:

US Retail Sales MoM for March;

US-Iran temporary ceasefire expiration, Trump announces US delegation will travel to Pakistan for talks with Iran;

US Senate Banking Committee will hold a hearing on Kevin Warsh's nomination as Federal Reserve Chair.

Wednesday: US API and EIA Crude Oil Inventories data for the week ending April 17th;

Thursday:

US Initial Jobless Claims for the week ending April 18th, US April Markit Manufacturing PMI Flash;

US April Markit Services PMI Flash, US EIA Natural Gas Storage for the week ending April 17th;

ECB President Lagarde will deliver a speech;

Tesla will report earnings after the US market close.

Friday:

Japan's Core CPI YoY for March;

US University of Michigan Consumer Sentiment Index Final, US April 1-year Inflation Rate Expectations Final.

Saturday:

Trump will host a grand luncheon for TRUMP token holders, with himself and 18 "superstars" in attendance;

Trump will host a White House Correspondents' Dinner in early summer.