The world woke up to the news of a decline in global stock markets, due to the new fear of recession in the United States, and this is due to the concern of investors that the Federal Reserve Bank has to move too slow and they have to keep up in reducing interest rates, as well as the unemployment rate rising to a higher level from 2021, reaching 4.3 percent.
As a result of this vision, a state of global fear began, leading to a decline in the value of stocks and currencies in the world. In this context, sources reveal to Al-Nashra that “stock exchanges fell due to the existing geopolitical challenges, not only in the Middle East, especially after the killing of the head of the political bureau of Hamas, Ismail Haniyeh, and the fear that Iran will respond to his killing, so this case will inevitably lead to the intervention of other countries. that is considered the basis for oil production, so this issue will inevitably lead to the intervention of other countries. ” To influence global markets.
The sources also link the decline in the value of stocks and currencies to fears of a recession in the American economy, and point out that “if that happens, the same thing will affect the countries that are directly connected to the this decline Sources confirm that “all these fears caused a decline in global stock markets. that some stock exchanges in the world fell, and for this reason investors preferred to withdraw. “
Against this backdrop, gold prices have fallen significantly in recent days, and this has led to questions about the cause, knowing that it is inevitable that anything in the economy leading to an increase in prices. The sources confirm that “the main reason is due to the behavior of investors who tended to sell gold, which led to a decline in its prices, but what is interesting is that this happened for a very short time, as its prices have returned to increase. again, thus compensating for the losses incurred.”
The fact is that not only did American stocks and gold prices fall, but also the Nikkei 225 index fell by more than 12 percent last Monday, and this also affected stocks in Europe to the extent their lowest in six months, as well as the German DAX index, the French CAC 40, and the British Financial Times And the Spanish IBEX 35, with levels between 1.4 percent and 2.3 percent, reaching the its lowest levels in several months, while the Stoxx 600 index also closed down 2.2 percent.
Despite everything, it is inevitable that world events will affect stock market prices, and what is certain is that despite a decline in gold prices, the general trend of its prices in the coming period is rising, because the situation in the sector. in need…
2024-08-07 00:01:00
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