Volatility expected in global markets
With the expiration of approximately $4 trillion worth of options in the US, it is estimated that volatility in the stock market may increase. Signals from central banks in global markets are also reflected in pricing. After the European and UK central banks, which announced their interest rate decisions on Thursday, slowed the pace of interest rate hikes but made more hawkish statements about the level at which interest rates could rise, US and European stock markets closed the day with sharp losses. The S&P 500 in the US fell 2.5 percent and the Nasdaq 100 fell 3.4 percent. Losses in European indices also exceeded 3 percent in some countries. While US indices increased very slightly in the first futures of the new trading day, Asian stock markets were mixed. The MSCI Asia Pacific Index is preparing to close with its biggest weekly loss since October, led by Japanese stocks. The fact that Chinese and Hong Kong stocks are relatively more resistant to sales was due to the decrease in the risk of the US removing approximately 200 Chinese companies from stock exchanges and China promising new steps for the real estate sector. Although the Bloomberg Dollar Index rose by nearly 1 percent yesterday due to the central bank statements and US data from the Fed, the dollar is losing value against all G-10 currencies this morning.