At the start of a new week, global financial markets are experiencing significant volatility, influenced by geopolitical tensions in the Middle East, rising oil prices, and inflation fears that have pushed up US Treasury yields. This report provides a comprehensive overview of the performance of key indices, including technical and fundamental analysis and the most important news.
Recent movement:Â On May 15, it closed down 1.07 percent, a loss of approximately 537 points. The index has been volatile in recent days, having recently surpassed 50,000 points before retreating.
Expected movement today:Â Limited movement is expected at the start of the session, with a focus on earnings results and geopolitical developments. The daily range may be around 0.5 to 1 percent, depending on incoming data.
Key news:Â The index was weighed down by a decline in technology stocks and a rise in bond yields. Investors are awaiting major earnings reports this week from large companies that could determine the market’s direction.
Recent movement:Â The index closed down 1.24 percent on May 15. It had reached new record highs in the days prior to this decline.
Expected movement today:Â Relatively stable at the open, with anticipation of earnings results. The expected range is between 0.5 and 1 percent.
Top news:Â Market declines due to inflation fears and rising oil prices. The market is focused on earnings reports from major companies this week and developments in international negotiations.
Recent movement:Â Gold has seen a significant decline in recent days, falling by as much as 2 percent daily, influenced by the strengthening dollar and rising bond yields. It has dropped from higher levels near $4,700.
Expected movement:Â Short-term downward pressure may persist, but the stock remains a safe haven in case tensions escalate. The expected daily range is approximately 1 to 2 percent.