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At the opening of the morning session, most domestic futures contracts declined, with container shipping to Europe falling over 6%, low-sulfur fuel oil (LU) down nearly 6%, SC crude oil and ethylene glycol (EG) down over 5%, and fuel oil, synthetic r

2026-04-02

At the opening of the morning session, most domestic futures contracts declined, with container shipping to Europe falling over 6%, low-sulfur fuel oil (LU) down nearly 6%, SC crude oil and ethylene glycol (EG) down over 5%, and fuel oil, synthetic rubber, and styrene (EB) down over 4%. On the upside, Shanghai gold rose over 2%, while Shanghai zinc and Shanghai silver rose over 1%.

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2026-04-02

TRUMP: IRAN HAS SOUGHT TO REBUILD NUCLEAR WEAPONS PROGRAM AFTER OPERATION MIDNIGHT HAMMER

TRUMP: IRAN HAS SOUGHT TO REBUILD NUCLEAR WEAPONS PROGRAM AFTER OPERATION MIDNIGHT HAMMER
2026-04-02

President Donald Trump said the Iran war is “very close” to completion but warned strikes could intensify within 2–3 weeks. Markets turned risk-off: S&P 500 futures -0.9%, Nasdaq -1%, US 10Y yields +3bps to 4.35%, DXY +0.15%. Asia equities fell—Nikke

President Donald Trump said the Iran war is “very close” to completion but warned strikes could intensify within 2–3 weeks. Markets turned risk-off: S&P 500 futures -0.9%, Nasdaq -1%, US 10Y yields +3bps to 4.35%, DXY +0.15%. Asia equities fell—Nikkei -1.7%, KOSPI -2%, Hang Seng -0.6%, Tech -1%. Oil stayed elevated as Hormuz remains constrained; energy stocks rose (CNOOC +1.4%, PetroChina +1.5%), while airlines dropped (China Eastern -5%). Gold -2%, silver -3%, KRW weakened past 1,520/USD.
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