{"id":146021,"date":"2026-04-01T07:07:55","date_gmt":"2026-04-01T07:07:55","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=146021"},"modified":"2026-04-01T07:07:55","modified_gmt":"2026-04-01T07:07:55","slug":"morning-update-wednesday-april-1-2026-welcome-to-q2-markets-open-the-new-quarter-on-edge","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=146021","title":{"rendered":"MORNING UPDATE | Wednesday, April 1, 2026 Welcome to Q2 \u2014 markets open the new quarter on edge"},"content":{"rendered":"

\ud83d\udd25 BIG STORY: Iran Peace Signals vs. Strait of Hormuz\u00a0Reality<\/strong><\/p>\n

Iran\u2019s President Pezeshkian signalled readiness to end the war, while reiterating demands for full recognition of Tehran\u2019s sovereignty over the Strait of Hormuz. Trump\u2019s pause on attacking Iranian energy infrastructure expires April 6<\/strong>\u200a\u2014\u200athe market\u2019s next major flashpoint.<\/p>\n

\ud83d\udcc8 EQUITIES<\/strong><\/p>\n

Wall Street ended Q1 on a strong note but a brutal month. March 31 closing prices: \ud83c\uddfa\ud83c\uddf8 S&P 500: +2.91%<\/strong> \u2192 6,528.52<\/strong> | Dow: +2.49%<\/strong> \u2192 46,341<\/strong> | Nasdaq: +3.83%<\/strong> \u2192\u00a021,590<\/strong><\/p>\n

Despite the rally, the S&P 500 finished March down 5.3%<\/strong>\u200a\u2014\u200aits worst monthly loss since 2022, and ~7% below its January peak<\/strong>. US futures are pointing cautiously higher this\u00a0morning.<\/p>\n

\ud83d\udee2\ufe0f OIL<\/strong><\/p>\n

Brent surged 63% in March<\/strong>\u200a\u2014\u200aits biggest monthly gain since 1988. WTI gained ~51%<\/strong>, its best month since 2020. On March 31, both eased on peace hopes: \ud83d\udee2\ufe0f WTI: ~$101\/bbl<\/strong> | Brent: ~$118\/bbl<\/strong><\/p>\n

The Strait remains effectively closed. Analysts warn emergency supply buffers could run out in early-to-mid April<\/strong>, with prices then at risk of a sharp new leg\u00a0higher.<\/p>\n

\ud83d\udfe1 GOLD\u200a\u2014\u200aXAU\/USD<\/strong><\/p>\n

Trading around $4,585\u2013$4,693\/oz<\/strong> this morning, attempting a recovery after shedding ~15% in March from its record near $5,597. Gold still ended Q1 up ~4% for the quarter. Bulls face headwinds from elevated real yields and a strong dollar; key support sits at $4,373<\/strong>, resistance at $4,695\u2013$4,700<\/strong>.<\/p>\n

\ud83d\udcb6 FOREX<\/strong><\/p>\n

\ud83c\uddea\ud83c\uddfa EUR\/USD:<\/strong> Recovering above 1.1500<\/strong>, helped by dollar softness and weak JOLTS data. 1.17 remains heavy resistance; key support at 1.1470<\/strong>. \ud83c\uddec\ud83c\udde7 GBP\/USD:<\/strong> Back above 1.3200<\/strong>, near-term range 1.32\u20131.35<\/strong>. \ud83d\udcb5 DXY:<\/strong> ~99.55\u2013100.46<\/strong>\u200a\u2014\u200asoftening slightly after March\u2019s biggest monthly gain since\u00a0July.<\/p>\n

\u20bf CRYPTO<\/strong><\/p>\n

Bitcoin trading around $66,400\u2013$68,100<\/strong>, down over 20% since the war began<\/strong>, pressured by high energy costs, risk-off flows, and fading crypto-legislation hopes. Ether, XRP and Solana posting modest\u00a0gains.<\/p>\n

\ud83d\udcc5 TODAY\u2019S KEY\u00a0DATA<\/strong><\/p>\n

\ud83d\uddc2\ufe0f ADP Employment (forecast: 41K)<\/em> | \ud83c\udfed ISM Manufacturing PMI (forecast: 52.3)<\/em> | \ud83d\udd25 ISM Prices (forecast: 73.8)<\/em> | \ud83d\udee2\ufe0f EIA Oil Inventories | \ud83c\udfa4 Fed\u2019s Barr\u00a0speaks<\/p>\n

\ud83d\udc49 Friday\u2019s NFP<\/strong> is the week\u2019s main\u00a0event.<\/p>\n

\u26a1 A ceasefire breakthrough could spark a strong rally across all markets. Re-escalation after April 6 could send oil surging and crush risk assets. Stay sharp.\u00a0\ud83d\udcca<\/p>\n

All data as of April 1, 2026 morning. Not investment advice.<\/em> \ud83c\udf10 NordFX | nordfx.com<\/strong><\/p>\n

\ud83c\udf05 MORNING UPDATE | Wednesday, April 1, 2026 Welcome to Q2 \u2014 markets open the new quarter on edge<\/a> was originally published in Coinmonks<\/a> on Medium, where people are continuing the conversation by highlighting and responding to this story.<\/p>","protected":false},"excerpt":{"rendered":"

\ud83d\udd25 BIG STORY: Iran Peace Signals vs. Strait of Hormuz\u00a0Reality Iran\u2019s President Pezeshkian signalled readiness to end the war, while reiterating demands for full recognition of Tehran\u2019s sovereignty over the Strait of Hormuz. Trump\u2019s pause on attacking Iranian energy infrastructure expires April 6\u200a\u2014\u200athe market\u2019s next major flashpoint. \ud83d\udcc8 EQUITIES Wall Street ended Q1 on a […]<\/p>\n","protected":false},"author":0,"featured_media":146022,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-146021","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/146021"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=146021"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/146021\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/146022"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=146021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=146021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=146021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}