The stock market record for 6 months was broken
According to Trade News, what are the factors of the volatility trend? Exchange Did you figure out Tuesday?
Quoted from the world of economyAfter recording the six-month daily growth of the Tehran Stock Exchange index in Monday trading, the main thermometer of the fluctuating glass hall appeared yesterday, and while the supply pressure increased in the market as a whole, this indicator was able to shine in the green area with the help of positive trades of some groups. And finally accompanied by a growth of 0.17%.
The technical obstacles to the general index, the retreat of the dollar in the Tehran foreign exchange market and the rapid recognition of profits can be considered as the main reasons for the behavior of the Tehran Stock Exchange on Tuesday. The same symbols also provided the basis for the general index.
All the pressures of the low day of the stock market
Stock market participants, who on Monday hoped for the continuation of this uptrend and the success of the overall index to conquer higher channels, following a jump of more than 2.5% in the overall index, experienced different conditions on Tuesday; From the very first minutes of trading, we saw an increase in supply pressure in the glass hall and the hesitation of the indicators to climb.
Profit recognition could be one of the reasons for such behavior in the stock market on Tuesday; Where shareholders are still hesitant and can not decide whether to stay or leave the market, we always see an increase in the number of sellers and a reversal of stock market indicators after a rapid growth.
The same thing happened yesterday, which caused the supply pressure to increase in the market as a whole. Although experts point to the difficult technical obstacles to the progress of the overall index in the range of 1,580,000 to 1,600,000 units, which have formed significant ceilings in the past, another variable that can not be ignored was the trend of the dollar price in the Tehran foreign exchange market. .
The US banknote, which managed to break its historic ceiling in the first days of the week, has been declining for the past two days to have little effect on the behavior of shareholders who, given the strengthening of inflation expectations, had decided to take another chance. But traders’ fears of a Fed meeting today (Wednesday) and the impact it could have on commodity prices in the global market were other factors influencing yesterday’s stock trading, especially commodities. A topic that of course only activists Exchange Has not frightened Tehran.
Scary Wednesday World Market
US stock markets fell on Monday as worries that a sharp rise in interest rates by the Federal Reserve could push the economy into recession.
The S&P benchmark index has been falling for four consecutive days and has entered a bearish (bearish) phase due to the fact that according to common definitions in the financial markets, it has closed more than 20% below the recent ceiling.
The bears, however, are moving in the country’s stock markets because the Federal Reserve is set to announce its next policy today (Wednesday) and investors are likely to take aggressive action against the central bank to fight inflation.
Goldman Sachs announced late Monday that it expects interest rates to rise 0.75 percent in June and July.
Expectations for a 0.75% increase in the June meeting also rose from 30% early in the day to 96% at the end of Monday. This is three times the usual amount, something the Federal Reserve has not done since 1994.
Such an move appears to increase pressure on other central banks to raise rates, and many analysts worry that such policies could stifle post-coronary recovery in the global economy and lead to a recession. A recession that has put a lot of pressure on commodity markets and that is what shareholders are Exchange Tehran, which is considered a commodity market, is scared.