European markets are expected to open lower following a record-high session, amid ongoing geopolitical tensions and stable Chinese loan rates, with investors cautious ahead of a short trading week and key economic data releases.
European stocks reached a record high amid interest rate decisions, with Nike's earnings causing market ripples and political developments in France and Ukraine influencing investor sentiment.
Asian markets are focused on interest rate decisions in New Zealand and Thailand, as well as Chinese bank lending figures, following a lackluster performance on Wall Street. Japan's Nikkei 225 is looking to test 40,000 points again, while the yen's slide towards 152 per dollar may prompt verbal intervention from Japanese authorities. Investors are hoping for signs of recovery in Chinese bank lending figures for March, and both the Reserve Bank of New Zealand and Bank of Thailand are expected to keep key rates unchanged, with signals about future policy paths being crucial for local asset markets.
Asian stocks have fallen as investors brace themselves for a week of interest rate decisions from central banks around the world. The market volatility reflects concerns about the global economy and the potential impact of monetary policy changes on financial markets.
European markets opened in negative territory as investors assessed recent interest rate decisions by central banks. The pan-European Stoxx 600 index was down 0.3% in early trade, with all sectors in the red. Mining stocks led losses with a 1.9% drop, followed by travel and leisure, which fell 1.4%. Meanwhile, U.S. stock futures edged higher, but stocks stateside have struggled this month due to the Federal Reserve signaling higher interest rates. In Asia-Pacific, markets were mixed as investors awaited inflation data from the region.
US and European stocks slipped ahead of interest rate decisions, with investors cautious about the market's direction. The Federal Reserve is expected to announce its decision on interest rates on Wednesday, while the European Central Bank is set to meet on Thursday. Investors are closely watching for any signals on the direction of the market and the potential impact of rising inflation.