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On April 2, Rob Subramanian, the head of global market research at Nomura Securities, stated that U.S. President Trump announced that the U.S. would launch an extremely strong strike against Iran within the next two to three weeks, but did not provide specific plans on how to reopen the Strait of Hormuz. Trump's speech did not send a clear signal to ease tensions as the market had hoped. Asian currencies may weaken against the dollar. If volatility occurs too rapidly, central banks may increase their intervention efforts, which could put upward pressure on government bond yields.

BlockBeats News, April 2nd, due to Trump's failure to provide a clear ceasefire schedule in a national address, the stock markets of Japan and South Korea plunged. The Japanese Nikkei 225 index gave back its early gains, currently down 1.1% at 53,151.80 points; the South Korean KOSPI index plummeted by 3.00% intraday, now at 5,313.97 points. Trump's remarks poured cold water on the market's hope for a swift resolution to the Iran conflict. Trump stated that the U.S. is about to achieve all military goals and said that it will strike Iran very fiercely in the next two to three weeks. (FX678)

On April 2, U.S. President Trump declared in a national address that military actions against Iran have achieved a 'swift and decisive victory,' with core objectives nearly completed. He explicitly stated that further 'heavy strikes' against Iran will occur in the next two to three weeks, but did not mention any ceasefire arrangements or a clear path to resolution, leading to significant market fluctuations. In the energy market, Trump threatened to strike Iran's energy infrastructure if no agreement is reached, while reiterating that the security of navigation in the Strait of Hormuz should be the responsibility of other countries, significantly raising expectations of supply disruptions. As a result, WTI crude oil surpassed $103 per barrel, and Brent crude oil exceeded $102 per barrel, both rising over 4% in a single day, with energy risk premiums rapidly expanding. Financial markets also came under pressure: U.S. stock futures declined, with the S&P 500 futures dropping about 0.5% at one point, and the Asia-Pacific stock markets turned lower; the yield on the U.S. 10-year Treasury bond rose to about 4.35%, while the yield on Japan's 30-year Treasury bond also increased, reflecting a market re-pricing of inflation and policy uncertainty. Precious metals experienced a significant correction, with spot gold falling below $4,700 per ounce, a drop of over 2% in a single day, and silver's decline exceeding 3%, indicating a temporary outflow of some safe-haven funds amid rising interest rates and short-term risk appetite disturbances. Market analysts believe that Trump's speech oscillated between contradictory signals of 'near victory' and 'continued strikes,' failing to provide a clear resolution to the conflict or alleviate concerns about navigation in the Strait, instead reinforcing risks to energy supply and expectations of global inflation, leading to a stark divergence in the performance of commodities and risk assets.