Global Markets Mixed Amid Central Bank Meetings
Global Markets Mixed Amid Central Bank Meetings
Global Markets Mixed Amid Central Bank Meetings
News summary

Global and Asian stock markets experienced mixed performances on Monday and Tuesday as investors anticipated major central bank meetings. The U.S. Federal Reserve's impending decision on interest rates, with a potential 50 basis point cut, has significantly influenced market sentiment, leading to a weaker dollar and fluctuating equities. Japan's Nikkei 225 declined due to a stronger yen and tech sector losses, while Hong Kong's Hang Seng rose on hopes of Chinese fiscal stimulus. European markets saw modest gains, with the FTSE 100 and CAC 40 climbing, supported by a surge in shares of Kingfisher. Meanwhile, Australia’s S&P/ASX 200 reached new highs, driven by gains in technology and energy stocks.

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Last Updated
7 hours ago
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50% Right
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