Overseas markets kicked off the week with a remarkable rally, reflecting growing investor optimism amid easing inflation rates and positive corporate earnings reports. Major indices across Asia and Europe saw significant gains, with traders buoyed by expectations of resilient economic growth despite ongoing geopolitical tensions. In Asia, markets such as Japan’s Nikkei and Hong Kong’s Hang Seng surged, driven by strong performances in the tech sector and reassuring economic indicators.
European markets similarly experienced a boost, as companies from various sectors reported better-than-expected quarterly results, fueling confidence in a recovery. The rally also benefited from a weaker dollar, making investments in foreign markets more attractive to investors. Furthermore, monetary policy signals from central banks indicating a potential pause in interest rate hikes added to the positive sentiment. As a result, market participants are optimistic about sustained growth, setting a hopeful tone for the broader global economy as the week progresses.
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