Asian equities started the week on a positive note, lifted by renewed optimism over US-China trade relations. Japan’s Nikkei 225 rose 0.3%, while South Korea’s KOSPI gained 0.4%. The upward momentum follows reports of “substantial progress” in trade negotiations between the world’s two largest economies, raising hopes for reduced tariffs and stronger economic cooperation. The positive sentiment has set an encouraging tone for regional markets, with investors closely monitoring further developments.
European markets eye cautious gains ahead of key data
European stock futures pointed to a modestly higher opening, with EUROSTOXX 50 futures up 0.9%, FTSE futures climbing 0.4%, and DAX futures advancing 0.7%. Traders are assessing the impact of the US-China trade talks while awaiting critical economic data, including UK GDP figures and labour market statistics. Market sentiment remains sensitive to global trade dynamics and upcoming economic indicators that could influence central bank policies.
US futures surge as trade hopes boost sentiment
US stock futures rallied, with S&P 500 futures jumping 1.2% and Nasdaq futures surging 1.4%, reflecting investor confidence following signs of progress in US-China trade discussions. Market participants are also bracing for key economic releases this week, including inflation data, retail sales, and consumer sentiment indices, which will offer fresh insights into the strength of the US economy.
Indian markets set for strong start on global cues and geopolitical easing
Indian indices, Sensex and Nifty50, are poised for a robust opening, tracking gains in global markets and bolstered by the recent India-Pakistan ceasefire agreement. GIFT Nifty futures traded 460 points (1.9%) higher, signalling a bullish start. Investors are particularly watching defence and aviation stocks, which could see heightened activity amid easing geopolitical tensions.
Key economic data to drive market sentiment this week
This week’s market trajectory will hinge on several crucial economic releases:
- US: Inflation figures, retail sales, industrial production, and consumer sentiment data.
- UK: GDP growth and labour market statistics.
- Global: Ongoing developments in US-China trade talks and central bank policy signals.
These indicators will play a pivotal role in shaping investor expectations and influencing market trends in the days ahead.
Stay tuned to Newshub Finance for the latest market updates and in-depth analysis.
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