There are risk takers in the market again – Shares on the rise in a nervous market

The opening of the European stock market to the upside surprised on Wednesday morning after a rough day of decline in Asia.

For example, the Helsinki Stock Exchange, which started a gentle rise in the morning, has accelerated to an increase of about 1.65 percent in the course of the afternoon. In any case, the Helsinki stock exchange has survived this week better than the rest of Europe, because the shares of Neste and Nokia, among the large companies, have been in demand.

Market commentators had difficulty digesting the matter. According to one commentary firm, investors likely took comfort from the fact that Brent crude oil futures and European natural gas futures had not yet breached yesterday’s intraday highs. It is true that the price of oil has moved on Wednesday in the range of the previous day.

In the morning, the European market was expected to open to a gentle decline. However, the momentum started to strengthen about an hour before the market opened. European stock markets opened to a gentle rise of around 0.3-0.5 percent. After 2 pm in the afternoon, the broad Stoxx 600 index was already up 1.4 percent.

Over the course of the day, the stock market’s rise has been strengthened after the New York Times reported that Iran’s intelligence organization had contacted the CIA to discuss terms to end the conflict.

During the afternoon, the expectation of index futures following the US stock market had turned from a decrease to a slight increase, but the fluctuation is large.

Individual up days are typical both in corrections and during deeper bear markets. Buying demand occurs when active investors try to take advantage of short-term bottoms in the market.

As the market mood changed, the strengthening of the dollar has stopped and the price of the euro returned to around 1.165 dollars, while the lowest quotation on Tuesday was less than 1.155 dollars.

The German ten-year interest rate was at its highest in the morning at 2.787 percent. The easing of sentiments has lowered the interest rate in the afternoon by about three percentage points to the level of 2.75 percent.