Analyst: The market is eager for more progress, with several weeks of uncertainty remaining regarding the Iran war.

MarsBitNews · 2026-04-02T02:27:42+00:00

IG Market Analyst Tony Sycamore pointed out that although the market expects a cooling of the situation and there are related signs, substantial progress is still needed. He believes the Strait of Hormuz is the main variable, and the market is showing a "buy on positive expectations, sell when reality confirms" reaction, with uncertainty remaining in the coming weeks.

MarsBitNews

2026-04-02 02:27:42

Abstract generation in progress

Mars Finance news. On April 2, IG market analyst Tony Sycamore said: “The basic expectation in the market earlier was that the situation would continue to cool down, and over the past few days we really did see signs of this. Overall, this trend still exists, but I think the market is looking for more substantive progress. For me, this speech didn’t have much new to it. The Strait of Hormuz is still the biggest variable in everyone’s script. Looking at the stock market, what we’re seeing is a typical reaction of ‘buy the good news expectation and sell when it’s confirmed.’ Meanwhile, the oil market’s reaction is exactly the opposite. At present, uncertainty over the next two or three weeks is hanging over the market.” (Jin Ten)

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.