Macroeconomics

Gate News: According to the latest Gate TradFi data, VIX (VIX) has surged by 6% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

The U.S. Energy Information Administration (EIA) raised its forecasts for crude oil prices for 2026 and 2027, expecting WTI crude oil prices to be $87.41 per barrel in 2026 and Brent crude oil to be $96.00 per barrel—both significantly higher than the previous outlook.

Gate News update: On April 7, the Federal Reserve Bank of New York (one of the Federal Reserve’s 12 regional banks) published data on 1-year inflation expectations for March at 3.42%, below the market expectation of 3.5% and above the prior value of 3.00%.

Gate News: According to the latest Gate TradFi data, XTIUSD (WTI Crude USOIL) has surged by 4% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Between 2026-04-07 14:00 and 2026-04-07 14:15 (UTC), the BTC price fluctuated within the range of 67801.3 - 68256.1 USDT. The candlestick chart recorded a -0.51% return, with an amplitude of 0.67%. Short-term volatility intensified, and market attention increased significantly. Overall liquidity was still within the normal range, but showed marginal changes. The main drivers of this unusual move are the combined effect of short-term capital outflows and the simultaneous rise in net inflows to exchanges. Short-term holders take profit or cut losses at market volatility nodes, pushing prices lower. Spot

Gate News update. On April 7, U.S. stocks opened lower: the Dow Jones Industrial Average (the U.S. blue-chip benchmark index) fell 0.2%, the S&P 500 (the U.S. large-cap benchmark index) fell 0.18%, and the Nasdaq Composite (the U.S. tech-sector benchmark index) fell 0.3%. Large-cap tech stocks broadly traded lower: Arm (ARM.O) fell 2.8%, Nvidia (NVDA.O) fell 0.8%, and Tesla (TSLA.O) fell 1.7%. The Nasdaq China Golden Dragon Index fell 0.38%.

April 7, 2026, U.S. President Trump posted on social media that “the entire Iranian civilization will perish tonight,” calling on Iran to open the Strait of Hormuz before 8:00 p.m. Eastern Time.

Gate News message, April 7, the Federal Reserve’s Williams said that the monetary policy can be adjusted if necessary; for now, it may be observed for the time being. He expects this year’s GDP growth to be 2% to 2.5%, with the unemployment rate remaining stable. Williams noted that the labor market situation is quite complex and expects that core inflation will fall later this year.

Gate News message: April 7, the U.S. automatic data processing company (ADP) weekly employment report shows that, over the four weeks ending March 21, 2026, private-sector employers added an average of 26k jobs per week.

Gate News, April 7: In a report, BlackRock strategists said the impact of high energy prices is likely to show up in the U.S. March CPI data to be released on Friday. Economists surveyed by The Wall Street Journal generally expect the U.S. March CPI year-over-year rate (not seasonally adjusted) to rise from 2.4% in February to 3.3%. BlackRock strategists noted that the Middle East war has caused supply-chain bottlenecks, which are expected to push inflation higher.

Gate News, on April 7, U.S. stock index futures for the three major benchmarks saw a quick rise. Dow Jones index futures rose 0.12%, S&P 500 index futures rose 0.03%, and Nasdaq 100 index futures edged down 0.01%.

Gate News update: On April 7, the People’s Bank of China reported that its gold reserves at the end of March were 74.38 million ounces (about 2,313.48 tons), up 160k ounces (about 4.98 tons) month-over-month. Gold reserves at the end of February were 74.22 million ounces (about 2,308.5 tons). This is the 17th consecutive month that the People’s Bank of China has added to its gold holdings.

In the first quarter of 2026, U.S. bankruptcy filings surged 14% to 150,009 cases, largely driven by high inflation, high interest rates, and tightened credit, with small businesses hit the hardest. Personal bankruptcies also rose, as household debt and high borrowing costs intensified financial pressure. Lawmakers have proposed raising the thresholds for bankruptcy reorganization, but the economic outlook remains bleak.

The expected shift around Iran ceasefire talks is toward pessimism, and the trading market shows that the ceasefire success rate set by Trump is only 3%. Iran rejected a short-term ceasefire proposal and put forward long-term political and economic conditions, further compressing the room for negotiations. Energy markets are strengthening in expectation, and the probability that WTI crude for April, which hit $120, rises to 77%. Crypto assets such as Bitcoin are under pressure during the phase when risk appetite declines, with capital flowing into traditional safe-haven assets.

Gate News message: On April 7, Japan’s Nikkei 225 Index (Japan’s benchmark stock market index) closed up 15.88 points, a gain of 0.03%, at 53,429.56 points. On April 7, South Korea’s KOSPI Index (South Korea’s composite stock price index) closed up 44.44 points, a gain of 0.82%, at 5,494.77 points.

Gate News news: On April 7, the number of jobs in the U.S. technology industry has fallen for the second consecutive year; over the past year, it has decreased by 43k positions. According to Cointelegraph, the number of job losses in this round exceeds the declines during the 2020 pandemic and the 2008 financial crisis.

Research by the International Monetary Fund shows that tariffs have a limited effect in regulating global trade deficits, and that the real influencing factors are macroeconomic policies. As global imbalances expand and financial risks rise, market structures may adjust, and crypto assets could become a tool for hedging uncertainty.

Gate News message: On April 7, Japan’s 40-year JGB yield fell by 1.0 basis point to 3.955%.

This week, the U.S. will release four macroeconomic data points, including the FOMC meeting minutes and CPI data, which could determine whether Bitcoin can hold the $67k level. Bitcoin is currently trading in a range around $69k, with a 23% decline year-to-date. Market sentiment is subdued, and institutional capital support is limited, resulting in weaker demand—making this a key moment in the long-versus-short battle.