European indices edge higher following US rally
European stock markets opened slightly higher on Wednesday, continuing a four-day winning streak. Investors are digesting softer-than-expected US inflation data and signs of easing US-China trade tensions, which have lifted global sentiment. The pan-European Stoxx 600 rose modestly, with gains led by energy and financial shares.
Asian markets trade mixed as investors await further cues
Asian markets delivered a mixed performance. Japan’s Nikkei 225 slipped by 0.8%, while South Korea’s Kospi and Hong Kong’s Hang Seng each climbed 1.1%. The Shanghai Composite recorded a modest 0.1% gain. Investors in the region remain cautiously optimistic, holding out for more clarity on trade and monetary policy developments.
US markets poised for continued gains after inflation data
US stock futures are pointing to a higher open, following Tuesday’s strong performance, where both the S&P 500 and Nasdaq ended in positive territory. Softer inflation readings and easing global trade concerns are fuelling expectations of a dovish stance from the Federal Reserve. Tech stocks are likely to lead the advance once again.
Market outlook remains cautiously optimistic
With inflation easing and geopolitical risks stabilising, global markets appear positioned for short-term strength. However, analysts warn that sustained gains will depend on upcoming economic data and further clarity on interest rate policy from the US Federal Reserve.
newshub finance
Recent Comments