Immediate reaction of markets to the lifting of sanctions / Comparing today’s changes with the day after Borjam
According to Tejarat News, in line with Vienna talks, It was announced today that the United States has lifted some sanctions on Iran. As reported by Reuters and the Associated Press, the United States has lifted sanctions previously imposed on some of Iran’s nuclear activities, such as the Bushehr nuclear project, the Arak heavy water plant, and nuclear research.
Lifting sanctions usually has its primary impact on financial markets, but scrutiny Market reaction The lifting of sanctions shows that this has not been able to significantly affect markets.
Of course, comparing the reaction of today’s markets with the day Borjam was signed also confirms that the lifting of sanctions, whether as limited as it is today or as the signing of an agreement like Borjam in 1994, can not have a drastic immediate effect on prices.
According to the latest exchange rates, the dollar became 27,050 tomans today. The dollar had a drop of 0.7 percent compared to the last price of the previous week, ie it had decreased in price by about 215 tomans.
The situation is the same in the gold market, Price per gram of 18 carat gold Today, 12 thousand tomans decreased from 1 million 210 thousand tomans to 1 million 198 thousand tomans. In fact, the lifting of Iran’s three nuclear sanctions seems to be only a 0.9 percent reduction The price of the dollar Has been affected.
The positive impact of the stock market on the capital market should be the opposite of other markets, that is, while the price of the dollar and gold is falling, the stock market should be rising.
Total stock index Today it grew by about four thousand units. This index grew by about 0.3 percent from the floor level of one million and 301 thousand units to the level of one million and 305 thousand units.
The reaction of the markets after Borjam
A comparison of the reaction of the markets in the current two periods and the time of the signing of Borjam also shows a similar reaction of the markets.
On July 15, 2015, one day after Borjam, gold fell 0.9 percent and the dollar fell 0.7 percent. This reaction is similar to today in terms of decline. The fact that the dollar and gold fell in July 2015 was greater than today can be analyzed in such a way that, at present, only three sanctions have been lifted and there is still no final agreement.
About the capital market, but the situation is different. While the stock market grew in a limited way today, this market had a downward trend in July 2015. The stock market has fallen about 0.9 percent at the time.
Regarding the latest status of the Vienna talks, it should be said that it is temporarily suspended but will start again soon. The start of a new round of talks this week could lead to a final agreement. It will then determine how and under what conditions each of the US sanctions against Iran will be lifted.
To read the reaction of the markets in the period of one year after Borjam and forecast for the next year, report «What will happen to the markets after the lifting of sanctions on Iran / dollar, gold, housing and the stock market?»Read.