Analyst: The market is eager for more progress, with several weeks of uncertainty remaining in the Israel-Iran conflict.
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Golden Ten Data reported on April 2 that IG market analyst Tony Sycamore stated: "Previously, the general market expectation was that tensions would continue to ease, and in the past few days we have indeed seen signs of this. Overall, this trend still exists, but I believe the market is eager for more substantial progress. From my perspective, observing the stock market, we are seeing a typical 'buy the rumor, sell the news' reaction; while the response in the crude oil market is exactly the opposite. Currently, the market is shrouded in another two to three weeks of uncertainty."
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