This week's macro outlook: Non-farm payrolls meet U.S. stock market closure, U.S.-Iran conflict is set for a critical turning point.

BlockBeats news, on March 30, the US-Iran conflict has lasted for a month, and the coming week will still be filled with uncertainties and black swans. Whether peace talks or an escalation of conflict will occur, every small step will affect the market’s tense nerves. In addition to geopolitical conflicts, the Bank of Japan and the Federal Reserve will show the market their interest rate hike expectations roadmap, and the US non-farm employment data will also have a significant impact on market liquidity expectations, as follows:

Monday 07:50, the Bank of Japan will release the summary of opinions from the March monetary policy meeting;

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

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

Wednesday 23:00, 2026 FOMC voting member and Dallas Fed 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 payrolls, US March average hourly earnings year-on-year, US March average hourly earnings month-on-month;

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 of 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.