Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil EL&P Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Why the market panic may not be over By: Humble Student of the Markets August 07, 2024 at 16:16 PM EDT Mid-week market update: Is the worst of the Japanese risk-off episode over? The Nikkei formed a bullish harami pattern when it recovered on Tuesday, but the recovery candle formed an "inside day" compared to Monday's massive downdraft. As well, BOJ deputy governor Governor Shinichi Uchida calmed markets and struck a dovish tone when he said that the Bank would "refrain from hiking interest rates when the markets are unstable". While I am hopeful that the worse of the panic is over, I have some nagging doubts. Here's why.The full post can be found here. Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Why the market panic may not be over By: Humble Student of the Markets August 07, 2024 at 16:16 PM EDT Mid-week market update: Is the worst of the Japanese risk-off episode over? The Nikkei formed a bullish harami pattern when it recovered on Tuesday, but the recovery candle formed an "inside day" compared to Monday's massive downdraft. As well, BOJ deputy governor Governor Shinichi Uchida calmed markets and struck a dovish tone when he said that the Bank would "refrain from hiking interest rates when the markets are unstable". While I am hopeful that the worse of the panic is over, I have some nagging doubts. Here's why.The full post can be found here.
