Monday, September 16, 2024
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HomeEconomyGLOBAL MARKETS IN FREE FALL: STOCKS, CRYPTOCURRENCIES, AND COMMODITIES PLUMMET

GLOBAL MARKETS IN FREE FALL: STOCKS, CRYPTOCURRENCIES, AND COMMODITIES PLUMMET

Global financial markets mein massive selloff horaha hai, stocks, cryptocurrencies aur commodities sab hit le rahe hain. US recession aur rate cuts ke dar se investors safety ke liye bhaag rahe hain.

EUROPEAN MARKETS
European stock markets Monday ko sharply lower khulain, Germany aur France ke main indexes kareeb 3% gir gaye. Pan-European Stoxx 600 index 2.6% neeche tha, saare sectors affected the. Euro aur pound dollar ke mukable mazboot hue weak US jobs report ke baad.

ASIAN MARKETS
Asian markets bhi gir gaye, Japan ka benchmark Nikkei 225 index apna sabse bada sell-off dekh raha tha, din ke end tak 4,451.28 points gir gaya. Topix, jo ke Japanese equivalent hai S&P 500 ka, 12% se zyada gira. Bank of Japan ne interest rates lagbhag do decades mein doosri martaba badhaye, jo ke sell-off trigger hua.

US MARKETS
US futures Monday ke Wall Street trading session ke khulne se pehle hi gir gaye, Dow futures 800 points neeche the. S&P 500 aur Nasdaq-100 futures bhi sharply gir gaye.

PAKISTAN STOCK EXCHANGE (PSX)
Pakistan Stock Exchange (PSX) bhi global sell-off se bacha nahi raha, KSE-100 index 1,100 points se zyada gir gaya, yani 1.46%, aur 77,084.48 points par close hua (jo ke Friday ko 78,225.98 tha).

CRYPTOCURRENCIES
Cryptocurrencies bhi severe sell-off dekh rahi hain, Bitcoin (BNB) 21.56% gir gaya. Ethereum (ETH) 23.56% neeche hai, jab ke Solana (SOL) 19.45% gira hai. Pepe (PEPE) 22.33% neeche, aur Ripple (XRP) 18.56% gira.

COMMODITIES
Commodity prices giri hain, gold ne apni safe-haven appeal kuch khodi. Oil prices bhi ease hui hain kyun ke global energy demand ke concerns supply ke potential impact se zyada hain jo Middle East conflict se badh rahe hain.

EXPERT INSIGHTS
Goldman Sachs ke analysts note karte hain Fed ki ability to re-instil market optimism, 25% likelihood estimate karte hain US recession ka. JPMorgan ke analysts aur zyada bearish hain, 50% probability de rahe hain recession ko.

MARKET OUTLOOK
Market outlook abhi uncertain hai, investors clarity ka wait kar rahe hain US economic outlook aur rate cuts ke potential par. Selloff short term mein continue hone ki umeed hai, investors safe-haven assets jaise ke government bonds aur cash ko dekh rahe hain.

Author is the CEO of TRESMARK

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