Fed Pivot Boosts Global Stocks and China Shares Reach 2022 Highs
TL;DR Summary
Expectations of imminent U.S. interest rate cuts boosted global stocks, with Asian markets reaching multi-year highs, while European shares declined as investors reassessed economic risks; market sentiment remains sensitive to inflation data, geopolitical developments, and corporate earnings, especially Nvidia's upcoming report.
Topics:business#asian-stocks#china-shares#fed-rate-cut#financial-markets#market-rally#nvidia-earnings
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