November 5, 2024

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Why is the market still cautious?  By Investing.com

Why is the market still cautious? By Investing.com

© Reuters.

First Investing.com was published in Spain

By Laura Sanchez

Investing.com – Markets are skeptical after the markets started gaining ground in the early hours of this Friday session. The United States and Russia have agreed to a new diplomatic meeting next week to discuss the conflict, but analysts say the meeting is uncertain.

“Although the sentiment is erratic, it indicates a slight improvement from yesterday’s situation and the invasion now appears to be a little less,” notes Bankinter.

Philipp Lisibach, Chief Global Strategy Specialist Credit Choice (SIX 🙂 Team (NYSE 🙂 (SA :), said CNBC The cut, which was confirmed earlier this week, will encourage risk assets after a period of uncertainty and volatility.

“Russia has agreed to the meeting, but it has been postponed until next weekend. This point, the delay of the meeting seemed to be well received by investors because they consider that the conflict increases the possibility of resolving it through diplomatic means and delays, at least until then, the possibility of a Russian invasion of Ukraine. ”, They point out in Link Securities.

However he acknowledged that their numbers were not enough to defeat Putin’s legitimacy.

“The market fears that Russia will take advantage of the conflict between the Ukrainian military and separatist regions. In the attachment papers.

In this sense, the analysts said yesterday that the Russian government’s UN. The ambassador recalled that Ukraine had accused him of “crimes” against the people of these regions. “Russia’s strategy, more precisely, to justify its intervention in Ukraine by its president, Vladimir Putin, is an excuse to protect the people of Russian descent living in the country,” they conclude.

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“Yesterday, Biden warned that the possibility of an invasion of Ukraine was ‘very high’ as ​​pro-Russian forces increased bombing in the east of the country,” Banca March admits.

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