Japan's nuclear crisis escalation market popularity is difficult to recover short-term

The international market has not yet eased from the impact of the earthquake and tsunami disaster in Japan. The escalating nuclear leakage has once again weighed on market sentiment. From the current report, we can easily see that the panic of the nuclear crisis has greatly exceeded the earthquake and tsunami itself. Recently, the Japanese government has identified a nuclear accident as a Class 4 hazard, and Japanese Prime Minister Naoto Kan warned of severe nuclear radiation and ordered the evacuation of people near the nuclear power plant. Affected by this, crude oil fell sharply on Tuesday, setting the biggest single-day decline since October last year. The commodity market fell across the board. London Copper and Shanghai Copper all closed down about 1% on Tuesday. Precious metals that were outstanding were equally unlikely to be spared. Gold ** fell 2.3% on Tuesday to close at $ 1,392.80 per ounce, setting a record for nearly 4 weeks. New low. Just as a Shanghai-based trader said: “The market has fallen into fear of a nuclear leak because investors are not aware of how serious the spill will be and what kind of impact it will have.”

The recent macro news has many negative factors. In February, China’s CPI was 4.9% higher than expected, and it is expected that China’s currency liquidity will be further tightened to curb inflation. The developed countries’ CPI will also increase year-on-year, inhibiting prices from becoming global issues, coupled with Japan’s unprecedented disaster, which is bound to It will have a certain impact on the market in the short term, and it will inevitably cause short-term bearish and slow down the market demand of the gentry.

At present, the issue of post-disaster reconstruction has attracted people's attention. Given that Japan’s national debt ratio exceeds 200% of GDP, the magnitude and destructive power of this earthquake are rare in history. Although Japan’s strength market believes that it can complete reconstruction, it has been rebuilt. The length of time is currently difficult to predict, and the impact of new debt on the economy is still unknown. Therefore, the effect of post-disaster reconstruction on the new demand generated by the gentry needs to continue to be observed.