NordFX MORNING UPDATE — April 7, 2026

🌏 ASIAN MARKETS A mixed session in Asia as geopolitical uncertainty dominates: 🇯🇵 Nikkei 225 — ~52,192 (+0.69%) — cautious gains 🇭🇰 Hang Seng — ~26,797 (+1.71%) — ceasefire hopes lift HK stocks 🇨🇳 Shanghai Composite — ~3,880 (-1.00%) — China under pressure

🛢️ OIL — The Big Story All eyes are on the Trump Deadline: the U.S. President set 8:00 PM ET today for Iran to reopen the Strait of Hormuz — or face strikes on infrastructure. WTI crude spiked to $116+/bbl in early Asian trading before retreating to the ~$112 area as ceasefire hopes flickered. Iran has rejected a proposed 45-day truce. Volatility remains extreme. 🔥

📈 US STOCKS Wall Street holding cautiously. S&P 500 near 6,595, Dow ~46,540, Nasdaq ~21,931 — futures slightly positive. Headwinds remain: Trump’s blanket 15% tariff on all imports, EU pushback, and the ongoing “AI scare trade” weighing on tech. 📊

🥇 GOLD Safe-haven demand keeping gold firmly bid at $4,680–$4,700/oz, supported by Iran war tensions, central bank buying, and Fed rate-cut expectations. $4,700 is the key resistance to watch today. ✨

💶 FOREX EUR/USD trading around 1.1546, in a cautious range. Strong US jobs data (178K new jobs in March, unemployment 4.3%) is supporting the dollar, while geopolitical risk adds uncertainty. The pair remains within a triangle pattern — the next breakout direction will be key.

₿ CRYPTO Bitcoin ~$68,700–69,400 (+3.5% in 24h) recovering on ceasefire optimism. Ethereum near $2,110–2,150. Fear & Greed Index at Extreme Fear (13) — a contrarian signal worth watching. 👀

📌 KEY EVENTS TODAY ⏰ Trump’s Iran deadline: 8 PM ET 📦 API Crude Inventories report 🗣️ Fed speakers

⚠️ Trading involves significant risk. This is not investment advice. 🔗 NordFX — Trade the World’s Markets

🌅 NordFX MORNING UPDATE — April 7, 2026 was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.