Why traders hesitated in the stock market yesterday

Why traders hesitated in the stock market yesterday

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Why traders hesitated in the stock market yesterday, Reports of a slowdown in industrial production in China and the European Union worried traders. Markets remained hesitant even considering the upcoming release of German inflation data

The ‘minutes’ of the Federal Reserve Committee meeting are about to be released. It is expected that there will be details on when the interest rates will be reduced for the first time this year. U.S. stock markets rallied after several market research firms predicted six rate cuts this year. But rising US 10-year Treasury yields and a stronger dollar index tell a different story. That means the US Federal Reserve will not be cutting interest rates anytime soon. Hence, our stock markets were down since morning

Debt bonds issued by states, issued in the first week of this quarter, also ended in losses in the evening. The news that their interest rate has gone up to 7.70 percent has been pointed out by the market research firm ‘Igra’

International tensions are rising as Iran’s warships are docked in the Red Sea. Crude oil prices fluctuate. This also made traders worried.

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