The conflict between the US and Iran has lasted for a whole month, and the coming week will still be filled with uncertainties and black swans. Peace talks or escalation of conflict, every small step will pull the market's tense nerves. Aside from geopolitical conflicts, the Bank of Japan and the Federal Reserve will present their interest rate hike expectations to the market, and the US non-farm payroll data will also have a significant impact on market liquidity expectations, specifically as follows:

Monday 07:50, the Bank of Japan will announce a summary of opinions from the March monetary policy meeting review committee;

Tuesday 04:00, New York Federal Reserve President Williams will give a speech;

Wednesday 00:00, Chicago Federal Reserve President Goolsbee will deliver an opening speech at an event hosted by the bank;

Wednesday 23:00, 2026 FOMC voting member and Dallas Federal Reserve President Logan will give a speech;

Thursday 20:30, US initial jobless claims for the week ending March 28, US February trade balance;

Friday 20:30, US March unemployment rate, US March seasonally adjusted non-farm employment, US March year-on-year average hourly wage, US March month-on-month average hourly wage;

Friday 21:45, US March S&P Global Services PMI final value.

Finally, on April 3 (Friday), the New York Stock Exchange (NYSE) and Nasdaq will be closed all day; trading in precious metals and US crude oil futures will be suspended all day; stock index futures will end early (Beijing time 21:15); forex and US Treasury futures will end early (Beijing time 23:15); Brent crude oil futures will be suspended all day.