Analyst: Signals from US-Iran negotiations are mixed, and market optimism has diminished.

Golden Financial reports that on March 26, Investinglive analyst Justin Low stated that the market continues to experience rollercoaster movements, and today’s optimism is beginning to fade. This is because news regarding US-Iran negotiations and potential agreements remains unclear and mixed. The communication between both sides is incoherent, which seems to be starting to weigh on risk sentiment. Crude oil prices are gradually rebounding, with WTI crude oil currently attempting to regain a more bullish short-term trend, reaching $94 today, which has recovered more than half of Monday’s largest decline. Meanwhile, as the recovery sentiment in the oil market persists, Brent crude oil has also risen again, as traders perceive that the situation in the Strait of Hormuz may not change significantly. In other markets, US stock index futures declined, the 10-year US Treasury yield rose again to 4.38%; precious metals came under pressure again, with gold falling nearly 2% today and silver dropping over 4%. Overall market trends indicate that as optimism about peace prospects gradually diminishes this week, the market is returning to its previous trajectory. (Jin10)