Psychological Shock Control in Markets, Prices Adjusted

One day after the announcement of the results of the U.S. presidential election, which was accompanied by fluctuations in financial markets, currencies, and oil and gold markets, major global markets returned to pre-shock status on Thursday. On the morning of Wednesday, November 10, the announcement of Donald Trump's victory in the presidential election was accompanied by a noticeable drop in global stock markets, but by the end of trading hours on Wednesday, European stock indices turned green, and ultimately these markets ended their day with slight increases. The New York Stock Exchange also ended its trading hours on Wednesday evening with green indices and an approximately one and a half percent increase. The return of fluctuations in European and American financial markets and the overcoming of the initial shock from the announcement of the U.S. election results manifested itself on Thursday morning in Asian stock markets, which had ended Wednesday with red indices, returning to their previous path and experiencing an increase in index values by midday Thursday local time. The Tehran Stock Exchange also ended the last working day of the week with a drop of 1,460 points and a two percent decrease. Since the Tehran Stock Exchange is closed on Thursday, it will be necessary to monitor the first working day of the week on Saturday to see if the Tehran Stock Exchange can overcome this psychological shock and whether the colors and directions of index changes in Tehran's financial market will differ again. Traders and market participants in the Tehran Stock Exchange are concerned about Donald Trump's strict view on the JCPOA and the return or revival of U.S. restrictions on Iran, and these concerns have led to anxious shareholders and stock market participants lining up as sellers. In the oil market, the initial fluctuations caused by the announcement of the Trump-Clinton competition were accompanied by a decrease in the price of black gold, which gradually corrected until one day after the announcement of the U.S. presidential election results, the price of a barrel of North Sea Brent crude increased by more than one percent to $46.48. West Texas Intermediate oil also increased by less than one percent to $45.56. Another market that has experienced significant fluctuations in the past two days is the gold market. Gold, which is traditionally a safe haven for investments in volatile market conditions, initially saw a price increase in the past two days, and after the initial psychological shock in financial markets subsided, the gold market underwent price adjustments. The price of each ounce of gold, which had risen to over $1,330 on Wednesday, changed its price fluctuation channel on Thursday and adjusted to below $1,300. Previously, economic experts had predicted that with Donald Trump's election as President of the United States, financial markets would react negatively, but after overcoming the initial shock, they would stabilize. However, fewer experts might have anticipated that digesting this initial psychological shock would take less than a day. Trump's economic policies, which in his electoral slogans focused on domesticating the U.S. economy, his opposition to free trade principles, and the creation of tariff barriers against the import of foreign consumer goods, remain a concern for economic experts. Trump's insistence on bringing American jobs and capital back within U.S. borders and reducing taxes to encourage investment are among the main pillars of Trump's economic programs.