Bloomberg Daybreak: Asia Edition

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week.
In the US – we preview Tesla earnings and Kevin Warsh's trip to Capitol Hill
In the UK – we look ahead to first quarter European earnings amidst broader headwinds
In Asia – how the war in Iran is impacting Japanese inflation.
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Business and finance news from the Asia-Pacific.
Asian stocks fell as investors lightened their positions ahead of the weekend while awaiting progress on extending the US-Iran ceasefire, after a rally driven by expectations the truce would be prolonged. We spoke to Winnie Hsu, Bloomberg's Asia Equities Reporter.
Plus - President Donald Trump struck an optimistic tone for prospects that the US and Iran could clinch a permanent ceasefire as the two sides discuss an extended truce ahead of its expiration next week. "It's looking very good that we're going to make a deal with Iran, and it's going to be a good deal," Trump told reporters at the White House Thursday. Talks between Washington and Tehran could resume this weekend, he said. We heard from Will Todman, CSIS Chief of Staff of the Geopolitics and Foreign Policy Department. He spoke to Bloomberg TV Hosts Haidi Stroud-Watts and Shery Ahn.
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Netflix gave a forecast for the second quarter that fell short of analysts expectations, sending the shares down in extended trading. The streaming pioneer also announced that chairman and co-founder Reed Hastings is stepping down from the board after 29 years to pursue philanthropy and personal interests.

Revenue rose 16% in the first three months of the year to $12.3 billion, compared with estimates for $12.2 billion, the company said in a statement on Thursday. Earnings per share for the quarter were $1.23 compared with estimates of 76 cents.

For instant reaction and analysis, Bloomberg Businessweek Daily hosts Carol Massar and Tim Stenovec speak with:
Bloomberg Intelligence senior media analyst Geetha Ranganathan
Eric Clark, Accuvest Global Advisors CIO and LOGO ETF Portfolio Manager
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Business and finance news from the Asia-Pacific.
Asian stocks tracked Wall Street higher as optimism around a potential US-Iran ceasefire and robust corporate earnings buoyed sentiment. The MSCI Asia Pacific Index opened 0.4% higher on Thursday as traders bet a de-escalation of the Middle East conflict will ease oil prices and lift economic growth. That was after the S&P 500 and Nasdaq 100 indexes both closed at record highs, with Bank of America Corp. and Morgan Stanley leading financials higher after stronger-than-expected revenue. We spoke to Paul Dobson, Bloomberg's Executive Editor for Asia Markets.
Plus - The US and Iran are considering a two-week ceasefire extension to allow more time to negotiate a peace deal, according to a person familiar with the matter, reducing the risk of a resumption of fighting despite an intensifying standoff over the Strait of Hormuz. With the initial truce due to expire next week, mediators between the warring sides are seeking technical talks to overcome the most contentious issues preventing a longer-term agreement, said the person, who asked not to be identified discussing sensitive matters. Those include the reopening of Hormuz and the future of Iran's nuclear program. We heard from Linda Robinson, Senior Fellow at the Council on Foreign Relations. She spoke to Bloomberg's Paul Allen and Shery Ahn.
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Business and finance news from the Asia-Pacific.
The US is pressing ahead with a naval blockade of the Strait of Hormuz to curb Iran's oil exports, with more than 20 commercial ships transiting the strait in the last day. For more on what this means for the supply chain, we heard from Steve Hochman, Partner and Managing Director for the Americas at Nagarro.
Plus - The US and Iran are looking to arrange a second round of peace talks in the coming days, while a standoff in the Strait of Hormuz worsens a global energy crisis and complicates diplomatic prospects. The objective is to hold more discussions before an April 7 ceasefire expires next week, according to people familiar with the matter. One proposal is to return to Pakistan, where initial negotiations were held last weekend, though other venues are being considered, said the people, who asked not to be identified discussing private deliberations. For more, we heard from Mara Rudman, Miller Center Practitioner Senior Fellow and Former US State Department Deputy Envoy for Middle East Peace. She spoke to Bloomberg's Haidi Stroud-Watts and Avril Hong
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