Concerns over the Middle East situation envelop market analysts: there is no real catalyst

On April 5th, Adam Button, an analyst at Forexlive, a financial website, stated that as Iran's retaliatory attacks on Israel began to envelop the market, today's market trend has completely reversed in the past four hours, although there is no real catalyst behind these concerns. This is a highly uncertain market as few people believe that war will break out between Iran and Israel, but no one wants to miss out on price fluctuations before Friday's non-farm report and the weekend. Before the situation in the Middle East escalated, comments from Federal Reserve officials were rampant. Hawkish rhetoric is gradually increasing, but they all indicate that it depends on data and inflation conditions. Gulsby mentioned the issue of housing service inflation. Some people think that Kashkari's suggestion that interest rates may not be cut this year is the catalyst for the decline of the stock market, but considering the lower yield of treasury bond bonds and the market's expectation of an increase in the probability of interest rate cuts, this explanation is not tenable< Img src=“ https://flash-scdn.jin10.com/5e79282a-781b-4415-bf63-78884a71d731.png "Refererpolicy=" no referrer ">