Global Markets Steady Amid Trade Tensions and Political Shifts

World markets found steadier ground on Monday following volatility from the U.S.-China trade conflict, while gold soared to new highs, indicating high uncertainty. President Trump adopted a conciliatory tone, potentially easing tensions.

European shares rose with attention on France, where Prime Minister Sebastien Lecornu faces budgetary obstacles. Despite political turmoil, gold prices remained elevated, reflecting global concerns.

Japanese markets faced challenges with doubts over their new leadership, impacting the yen and Nikkei futures. Meanwhile, U.S. and Chinese trade showed resilience, with upcoming earnings reports from major banks eyed keenly by investors.

(With inputs from agencies.)