Global Indices Face Common Challenges Amid Geopolitical and Economic Pressures The Nikkei 225, TSX Composite, and Tel Aviv Stock Exchange (TASE) are all experiencing downward pressure as global markets grapple with rising interest rates, geopolitical tensions, and uncertainty over energy supplies. Analysts highlight that the interconnected nature of these markets means challenges in one region often ripple across others, influencing investor sentiment and asset performance. The Nikkei 225 has declined by approximately 1.5% during the Thursday trading session, reflecting a broader risk-off environment. The index remains range-bound between 55,000 and 51,500, with traders anticipating continued volatility. Key factors influencing the Japanese market include oil prices and supply chain dynamics, as Japan relies heavily on energy imports. While the index remains above its 200-day exponential moving average (EMA), analysts suggest a potential rebound could present a buying opportunity, though this may take several days to materialize. In Toronto, the TSX Composite shows signs of resilience but is expected to face short-term pullbacks. Support levels at 32,000 and 31,000 are critical, with the index benefiting from its resource-heavy composition. Rising inflation and strong oil prices have bolstered commodities, but the market remains vulnerable to ongoing risk-off sentiment. Analysts note that while the index may struggle in the near term, it could offer value if prices dip, particularly given the role of financial and hard materials sectors. The TASE is projected to decline further, with support near 14,000 shekels. Technical indicators suggest a potential head-and-shoulders pattern, which could lead to a test of the 200-day EMA or even the 11,000 level.#central_banks #oil_prices #nikkei_225 #tsx_composite #tel_aviv_stock_exchange
