Recovery in the Asian markets brings hopeful mood to the market as the new trading week begins. We see additions for almost every major index in the segment of the market. We can Assume that the recovery is not going to last long, but that is up for discussion.
Today we see the movement in the Asian markets, but it is the movement in the opposite direction from what we really need. Downgrade of all of the indices was predictable, but we still hoped to see more of that recovery that we saw yesterday. Seems like the markets are going to close for the weekend on a strong red note.
The recovery that we have been so longing for is here. And even though we have 2 more days until the end of the week, there is no point to try and guess what the performance of the markets is going to be, as we have seen this before – rapid fall, recovery and the fall after that.
There are two pieces of news today, the good one is that the markets have almost got out of the mixed-performance-rut. A bad one is that they did so by losing points and letting all of the major indices and stocks fall down. The shift is especially felt by Apple and all of the Asian players.
Mixed performance in every market keeps on going with losses and gains staying in their places. And today that concerns all of the instruments. Even the two oil crudes cannot find common grounds, even though usually these two are going hand in hand.