BlockBeats message, April 3, when the “Qingming Festival” overlaps with the Western “Easter” holiday, financial markets in many places have gradually entered a holiday closure mode. On April 3, stock markets in the US and Europe, the Hong Kong stock market, the Taiwan stock market, the Australian stock market, and others were closed for one day; the Chicago Mercantile Exchange (CME) halted trading in all precious metals and WTI crude oil futures for the full day, while FX, US stock index futures, and US Treasury futures closed early; the Intercontinental Exchange (ICE) halted trading in Brent crude oil futures for the full day; the Shanghai Gold Exchange, the Shanghai Futures Exchange, the Zhengzhou Commodity Exchange, and the Dalian Commodity Exchange do not hold night-session trading.
The US March nonfarm payroll report will be released tonight at 20:30. The market expects employment to increase by 60k, breaking out of the previous “negative growth” spiral. Today, US stocks and international gold and silver and oil are not opening, but given that the data is crucial to the Federal Reserve’s interest-rate path, it is likely to ignite a move next Monday—please be mindful of the relevant risks. (Jin10)