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Market overview 2023-06-20

21.06.2023

At Tuesday's trading the main US stock indices made another attempt to make a correction movement, which led them to decrease at the close within 0.7%. The sellers' efforts were quite noticeable and attributable to some heightened geopolitical tensions related to China and continued hawkish rhetoric on a possible Mexican operation, as well as a lack of good inflationary dynamics in the EU and England. However, the record volume of opened short positions does not allow the markets to decrease more significantly yet, because with any decrease in stock prices, medium and small players start to reduce the volume of open short, which leads to the termination of sales.