Global Markets See Mixed Start Amid Trade Policy Respite
World markets experienced a mixed start to the week with European shares opening lower and US stocks reaching an all-time high. Resumed trade talks between the US and Canada following the cancellation of a proposed tax helped steady the markets. Inflation and tariffs remain key concerns influencing economic forecasts.
- Country:
- Thailand
World markets opened the week with mixed results as trade tensions eased slightly following resumed US-Canada negotiations. European markets witnessed declines, while US stocks achieved all-time highs.
In Asia, varied performances were seen with Tokyo's Nikkei climbing and Hong Kong's Hang Seng declining. China's minimal improvements in factory activity amid tariff suspensions reflected ongoing manufacturing challenges.
Inflation concerns continue to loom as the Federal Reserve monitors tariff impacts. With possible rate cuts anticipated, market sentiment remains cautious. Additionally, oil prices decreased slightly, and currency fluctuations were seen in the US dollar, yen, and euro exchanges.
(With inputs from agencies.)
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