Risk Off After Trump's Speech - Intraday Outlook On S&P 500, Nasdaq 100, AUD/USD, Gold, And WTI Crude Oil

MarketPulse by OANDA Group703 FollowersFollow5ShareSavePlay(9min)CommentsSummaryRisk-off sentiment returns: Trump’s hawkish rhetoric on Iran dashed de-escalation hopes, reigniting stagflation concerns and triggering a broad risk-off move, equities, AUD/USD, and Asian markets fell, while oil surged and the US dollar strengthened.Equities and risk assets remain under pressure: S&P 500, Nasdaq 100, and AUD/USD show renewed bearish momentum after failed rebounds, with technical setups pointing to further downside unless key resistance levels are reclaimed.Divergence in commodities: WTI crude oil remains supported in a bullish uptrend above key levels, while gold’s recent rally appears corrective, with risks of a bearish breakdown as momentum weakens. matejmo/iStock via Getty Images By Kelvin Wong US President Trump’s evening prime-time speech on Wednesday, 1 April at 9.00 p.m. Washington time does not offer any new information to global financial markets. A quick recap: Trump highlighted earlier on Tuesday, March 31, that the US-IranThis article was written byMarketPulse by OANDA Group703 FollowersFollowMarketPulse is an award-winning industry analysis and news site service created by OANDA Business Information & Services, Inc. Covering forex, commodities, global indices and more, our goal is to give timely, relevant and informative commentary on major macroeconomic trends, technical analysis and worldwide events impacting the industry.