Investinglive analyst Justin Low stated on March 26 that the market continues its roller-coaster ride, with optimism beginning to wane today. This is due to the continued mixed and unclear messages surrounding US-Iran negotiations and a potential agreement. The lack of coherent communication between the two sides appears to be starting to drag on risk sentiment. Crude oil prices have begun to rebound gradually, with WTI crude currently attempting to regain a more bullish short-term trend, reaching $94 today, recovering more than half of Monday's largest decline. Meanwhile, as sentiment for a crude oil market recovery persists, Brent crude has also climbed back, as traders perceive that no significant changes are likely to occur in the Strait of Hormuz situation. In other markets, US stock index futures are trading lower, and the 10-year US Treasury yield has climbed again to 4.38%. Precious metals are once again under pressure, with gold falling nearly 2% and silver down over 4% today. The overall market trend indicates that as optimism regarding prospects for peace gradually fades this week, the market is returning to its previous trajectory. (Jinshe)
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