Asian markets opened mixed on Wednesday as investors digested news of a 90-day pause in the US-China trade conflict and reacted to Wall Street’s uneven performance overnight. Hong Kong’s Hang Seng rose 1.1%, and South Korea’s Kospi climbed by the same margin. China’s Shanghai Composite added 0.1%. However, Japan’s Nikkei slipped 0.8% and Australia’s ASX 200 edged down 0.1%. The cautious optimism in Asia reflects hopes that the trade truce could offer some stability despite ongoing geopolitical tensions. Read more
European markets are expected to open slightly higher, buoyed by the momentum from Asia and a soft US inflation print. Investors in the region are also digesting a fourth consecutive day of gains, with analysts noting growing confidence in central banks’ ability to ease policy if needed. Read more
On Wall Street, the S&P 500 rose 0.7% on Tuesday, marking a return to positive territory for the year. The Nasdaq outperformed with a 1.6% gain, while the Dow fell 0.6% due to a drop in UnitedHealth shares following a suspended forecast and CEO exit. Futures this morning suggest a cautious start: Dow down 0.58%, S&P down 0.26%, and Nasdaq lower by 0.18%. Read more
Markets globally remain sensitive to data releases and policy shifts, with traders watching for signals from the US Federal Reserve and updates on corporate earnings. Read more
Sentiment today hinges on whether recent bullishness in tech and stabilising geopolitical signals can sustain upward momentum across global markets.
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