Cointime

Download App
iOS & Android

Trump's Tough Stance Triggers Market Volatility: Oil Prices Surge, Gold Plummets, Risk Assets Under Pressure

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.

Comments

All Comments

Recommended for you

  • Rubio Reaffirms End of U.S. Military Actions Against Iran

    On June 4, local time June 3, U.S. Secretary of State Rubio stated during a hearing held by the House Appropriations Committee that the U.S. military operation 'Epic Fury' against Iran has concluded, claiming that the U.S. has 'achieved victory.' Rubio noted, 'We are no longer continuing strikes against targets within Iran, as the 'Epic Fury' operation has ended.' He also mentioned that despite the significant damage inflicted on Iran's military capabilities by the U.S. and Israel, Iran 'still retains certain drone and naval combat capabilities.' (CCTV News)
  • BTC Falls Below $66,000

    Market data shows that BTC has fallen below $66,000, currently priced at $65,995.91, with a 24-hour decline of 1.89%. The market is experiencing significant volatility, so please ensure proper risk management.
  • Bridgewater Founder Dalio: The AI Bubble Will Eventually Burst

    On June 3, Bridgewater founder Dalio stated that the artificial intelligence bubble will ultimately burst.
  • Marvell Technology Surges Over 11%, Continues to Set New Highs with Market Value Increasing by Over $90 Billion in Two Days

    Following a surge of over 32% yesterday, Marvell Technology (MRVL.US) initially rose over 11% today, reaching a peak of $324.15, continuing to set historical highs, with a cumulative market value increase of over $90 billion in two days. The 2x leveraged MRVL ETF also saw an initial rise of over 20%. On the news front, NVIDIA CEO Jensen Huang recently praised Marvell Technology's value in the AI infrastructure supply chain at the Computex 2026 computer exhibition, stating it is destined to become the 'next trillion-dollar company.' Additionally, Marvell Technology recently reported a 28% year-on-year increase in Q1 revenue to $2.418 billion, a new high; given the strong performance of AI-related orders, management has raised revenue outlooks for fiscal years 2027 and 2028.
  • Meta Enters New Phase of AI Monetization: WhatsApp Launches Business AI Agent

    On June 3, according to the Financial Times, as Meta seeks to create new significant revenue sources for WhatsApp, business users will soon be able to utilize AI agents to automatically respond to customer messages. This move is one of the first initiatives by Meta to commercialize its latest multi-billion dollar investment in AI, moving beyond reliance on its core advertising business. The new product, 'Business AI Agent,' has completed testing in a few markets over the past months and is now being rolled out globally. This tool can automatically reply to customer messages, provide businesses with operational feedback and data insights, and in some scenarios, complete sales conversions or appointment scheduling without human intervention. In the future, this feature will also expand to the Instagram messaging system. Meta CEO Mark Zuckerberg stated via video at a product launch event in London on Wednesday, 'A few years ago, I said that every business would eventually have its own AI agent, just as every company today has an email, website, and social media account. The pace of this development is even faster than I expected.'
  • Google Anticipates 'Significant' Increase in Capital Expenditure by 2027

    On June 3, Google's parent company Alphabet stated that capital expenditure in 2027 is expected to increase 'significantly' compared to 2026; the GEMINI APP has over 900 million monthly users, with paid subscriptions exceeding 350 million.
  • Alphabet Expects Gemini 3.5 Pro to Launch in June

    On June 3, Alphabet, Google's parent company, announced that it expects Gemini 3.5 Pro to be released in June.
  • AI Infrastructure Company Nscale Valued at $14.6 Billion, Raises Nearly $4 Billion

    AI infrastructure startup Nscale has disclosed that it has completed nearly $4 billion in financing, with its latest $2 billion Series C round bringing its valuation to $14.6 billion. Nscale, which originated as the cryptocurrency mining company Arkon Energy, is now focused on building and operating AI data centers and leasing computational resources to enterprises. Its investors include tech giants such as Nvidia, Dell, and Nokia. Since 2026, Nscale has also secured $1.4 billion in GPU-backed loans and $790 million in financing to support its AI infrastructure expansion plans. Nscale participated in OpenAI's 'Stargate' infrastructure project, deploying AI computing facilities in the UK and Norway, but as OpenAI adjusted its plans, some projects have been taken over by Microsoft and Google.
  • Poland's Gold Reserves Increase to 613 Tons

    On June 3, the President of the National Bank of Poland, Adam Glapiński, announced that Poland's gold reserves have risen to 613 tons.
  • BTC Falls Below $67,000

    Market data shows that BTC has fallen below $67,000, currently priced at $66,988, with a 24-hour decline of 2.95%. The market is experiencing significant volatility, so please ensure proper risk management.