Global Markets Daily Recap - April 2,2026
FastBull FeaturedSummary:
Trump warned of "heavier strikes on Iran in 2-3 weeks" as tensions escalate. WTI crude surged to $109/barrel (+10%) on supply disruption fears. Gold and silver retreated sharply — Gold to $4,564 (-4%), Silver to $70 (-6.72%) after Trump's speech. US markets rallied (Nasdaq +1.16%) while Asian markets turned volatile with Korea's KOSPI plunging 5%, triggering circuit breakers.
Trump warned of "heavier strikes on Iran in 2-3 weeks" as tensions escalate. WTI crude surged to $109/barrel (+10%) on supply disruption fears. Gold and silver retreated sharply — Gold to $4,564 (-4%), Silver to $70 (-6.72%) after Trump's speech. US markets rallied (Nasdaq +1.16%) while Asian markets turned volatile with Korea's KOSPI plunging 5%, triggering circuit breakers.
【Middle East】
- Trump delivered a speech on Iran, declaring "core strategic objectives are close to being achieved," warning of "heavier strikes" in 2-3 weeks
- Iran: Drafting a transit fee agreement with Oman for the Strait of Hormuz; IRGC warns a "larger, more destructive attack" is coming
- UK convenes allied military planners to discuss Hormuz; France says the strait can only reopen through negotiations
【Energy Markets】
- WTI crude surged 10% to $109/barrel, Brent touched $105
- European diesel futures broke through $200/barrel
- Citigroup: Global oil supply shortage could reach 4M bbl/day, potentially 8M bbl/day if Gulf states refuse transit fees
Precious Metals】
- Trump's speech triggered a "stampede retreat" in gold and silver
- Spot gold fell to $4,564/oz (-4%), spot silver broke below $70 (-6.72%)
【US Markets】
- Major indices closed higher: Nasdaq +1.16%, Dow +0.48%, S&P 500 +0.72%
- Chip stocks led: Micron +11%, Intel +10%, AMD +5%
【Asian Markets】
- Korea KOSPI plunged 5%, triggering circuit breaker
- Nikkei -2%, Hang Seng -0.7%
- HK energy stocks rallied: Baqin Oil Services +11%, Sinopec +2%
【China Futures】
- Mixed: Crude oil +4%, Fuel oil +4%, Silver -6%, Gold -2%
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