"If it is only to shoot down a Ukrainian military aircraft, then this will not appear in the news at all, because this will be the third Ukrainian military aircraft that was shot down in the short term."
“Does this event dominate the market for a few months? No such thing will happen.â€
Such comments were made in major US media on July 17th, local time.
The short-term response of the international market to the crash of the Malaysia Airlines passenger aircraft was enormous. On July 17, local time, the three major US stock indexes continued to fall in the afternoon, while the Dow Jones Industrial Average fell 0.94% to 16976.81 points, falling below the 17,000 mark; the Nasdaq index fell 1.41% to At 4,363.45, the S&P 500 index fell 1.18% to 1958.12 points. On the European market, the London FTSE100 index and the Frankfurt DAX30 index fell 0.68% and 1.07% respectively.
The Chicago Board of Trade's Volatility Index (VIX), which represents market panic, soared in the aftermath of the incident, rising from less than 11.00, and rose to 14.54 in the afternoon when US stocks closed, soaring by about 32%.
During the US trading hours, investors are still in the wait-and-see state for the crash of the Malaysia Airlines passenger plane, waiting for new news to make judgments. However, the escalation of the situation in eastern Ukraine has become the main driving force for the continued downturn in the market after midday.
The NYSE Aviation Index closed down 2.71% to 84.06 on the day. As Malaysia Airlines' passenger plane was still the same as the MH370 Boeing 777, Boeing blew all the way after midday, and closed down 1.21% to $125.88. The firm pattern of the early trading was gone.
On the 17th, the US bond market fell, and the yield dropped to the lowest level since this year. The 10-year benchmark government bond yield fell to 2.46%, fell to 1.63% in the five-year period, and was 3.27% in the 30-year period.
However, since Asia and Europe have entered the daytime, more news has been released and confirmed, which has calmed the market sentiment to a certain extent. This also indicates that the previous panic should be a temporary phenomenon.
From the perspective of some safe-haven products, the global market has been violently reacted after the launch, and then received a certain degree of appeasement, after a round of panic adjustment.
The US bond market, which is less risky than the stock market, was sought after because of market panic on the day, causing yields to fall to the lowest level this year. On the 17th, around 4 pm, the yield of US Treasury bonds generally declined. The yield of benchmark government bonds in the decade fell to 2.46%, and fell to 1.63% in the five-year period and 3.27% in the 30-year period. However, since then, during the Asian session, the yield of government bonds has rebounded, indicating that the heat of funds has slightly decreased.
The price of gold has soared due to investor risk aversion. International gold futures prices rose by around 1.3% to $1316.9 per ounce, the largest one-day gain since June 19; spot gold prices also rose by 1.54% to around $1320.
In the foreign exchange market, the Malaysian ringgit is currently at around 3.18 against the US dollar; after the Russian ruble plunged on the same day, it is currently stable at around US$35.07. Analysts believe that in the short term, events will have certain demand for the US dollar, etc., and will have a negative impact on the value of Russian and emerging market currencies.
Market analysts believe that the global market chain reaction within 24 hours after the incident was severe, mainly due to the brief panic caused by the crash of the passenger plane, and the market really needs to worry about the US and Europe or further strengthen the sanctions against Russia, as well as the escalation of the situation in Ukraine. Mid-term issues.
Russia is now the target of public criticism. The Russian Index Fund (RSX) fell more than 7% during the US trading hours due to fears that Russia would be subject to stronger sanctions due to the crash of the Malaysia Airlines. On July 18th, the Russian market also plunged sharply: the Moscow Stock Exchange Index (MICEX) fell by about 25 basis points after the opening of the day, and the decline once reached 1.74%, but since then it has rebounded and is now near 1422.29 points, down from the previous day. 1.27%.
Jacqurad fabric include single face jacquard piece dyed fabric, single face Jacquard Printed Fabric, double face jacquard piece dyed and double face jacquard printed fabric.
Jacquard Print,Jacquard Fabric,Jacquard Print Fabric,Jacquard Clothing Fabric
Shaoxing Qianhai Import and Export Co.,Ltd. , https://www.qhtextile.com