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Thursday, April 2, 2026

American Market Recap: Why are non-farm payrolls being released on Good Friday? Here's what's open and what isn't

Thursday, 02 Apr, 2026

News

Why are non-farm payrolls being released on Good Friday? Here's what's open and what isn't

Tomorrow is one of those rare calendar collisions: the March non-farm payrolls report is released at 8:30 am ET on Good Friday — a day when the stock market is closed. Good Friday has been a NYSE holi

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News

Baker Hughes total rig count 548 versus 543 previously

Baker Hughes weekly rig count data shows: Total rigs 548 vs 543 last Oil rigs 411 vs 409 last week Nat Gas 430 vs 427 last week. The price of crude oil is trading at $110.75. That's up $10.60. The gai

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News

Pres Trump fires Attorney General Pam Bondi

Trump is reported to have fired Atty. Gen. Pam Bondi. Fox news reports that he is eyeing Lee Zeldin as a replacement, but Todd Blanche is reportedly the interim AG. Trump has reportedly been frustrate

News

Trump: The biggest bridge comes tumbling down. It is time for Iran to make a deal

Trump on Truth Social posts: The biggest bridge in Iran comes tumbling down, never to be used again — Much more to follow! IT IS TIME FOR IRAN TO MAKE A DEAL BEFORE IT IS TOO LATE, AND THERE IS NOTHIN

Central Banks

ECB's Villeroy: The next change in rates is highly likely to be upwards

Villeroy is set to retire but he's out with some fresh comments: It's far too early to predict a timetable for rate hikes but it's clear we have the capacity to act whenever it's necessary As of today

Technical Analysis

The USDCHF based at a key support target and it led to bounce. What does that tell you?

In a post and video yesterday on USDCHF, I highlighted a key support zone between 0.7888 and 0.7903 that was being tested—and holding. At the time, I noted that this area had become a critical battleg

News

Iran drafts protocol with Oman for Strait of Hormuz traffic

A report that's getting some of the credit for the bounce in risk assets is from IRNA and says that Iran has drafted a protocol with Oman for traffic in the Strait of Hormuz. Iran Deputy Foreign Minis

Central Banks

Fed's Logan: I wasn't convinced inflation was easing enough even before the war started

Comments from the Dallas Fed President: Was quite challenging to do most recent round of Fed forecasts Swift war resolution may mean economic impact might be pretty moderate Policy is positioned to re

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Stock market update

Tech downturn as semiconductor stocks drag down market, financials show mixed signals

Market Flash: Broad Declines as Semiconductor Stocks Weigh Heavily on Tech Sector The US stock market exhibited a broad downturn today, primarily driven by significant losses in the technology sector,

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