Global Markets Edge Higher Amid Trade Tensions and Rate Steadiness
Global markets have shown moderate growth following the Federal Reserve's decision to keep interest rates unchanged. Despite geopolitical tensions between India and Pakistan and ongoing US-China trade discussions, investor sentiment remains cautiously optimistic. Energy and currency markets also experienced slight gains, contributing to overall market movements.
- Country:
- Japan
Global stock markets showed moderate growth on Thursday, buoyed by the Federal Reserve's decision to keep its main interest rate unchanged. This anticipated outcome provided some stability, prompting a rise in shares across major indices.
Leading the European charge, France's CAC 40 rose by 0.7%, while Germany's DAX and Britain's FTSE 100 increased by 1.0% and 0.3%, respectively. In Asia, Japan's Nikkei 225, Australia's S&P/ASX 200, South Korea's Kospi, Hong Kong's Hang Seng, and the Shanghai Composite all recorded gains.
Market sentiments were influenced by geopolitical tensions between India and Pakistan and uncertainties surrounding US-China trade negotiations, renewed optimism sparked by upcoming high-level talks between the two nations. In energy and currency markets, US crude oil and the US dollar showed modest increases.
(With inputs from agencies.)
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