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Abstract:Asian stocks rose as Wall Street snapped a three-day losing streak.
Asian Markets
Asian stocks rose as Wall Street snapped a three-day losing streak.
European Markets
European bourses mostly up as UK record wage growth added to inflation worries.
US Pre-Open Markets
The US stock market tends to rise as traders are waiting for the main inflation data.
Commodities
Oil rose on OPEC+ cuts and traders are eyeing economic data.
U.S. Treasury Yield
Treasury yields fell as investors looked to key economic data.
Major Currency Pairs
The dollar slipped as the Fed's hike cycle draws to a close and focus on US inflation.
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The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Trump announced a tariff hike on Canadian steel and aluminum to 50%, shaking the markets. The Canadian stock market took a hit, the Canadian dollar plummeted, and U.S. steel and aluminum stocks surged, triggering strong reactions from all sides.
Nigeria’s stock market kicked off the trading week with strong momentum, boosting investor assets by ₦52 billion. Market confidence is high, creating a rare investment boom!
International oil prices have declined for two consecutive days, mainly due to the impact of U.S. tariff hikes, which have intensified market concerns over a global economic slowdown.
The U.S. stock market suffered another major blow, with all three major indices tumbling and tech giants losing over $830 billion in market value. Market panic intensified, recession concerns escalated, and the Federal Reserve’s policy direction became a key focus.