Stock Market News: Sensex and Global Markets Experience Positive Upsurge
Current Market Trends
Stock market news highlights the rise in Sensex as GIFT Nifty points toward an optimistic opening. Asian shares are trading higher, which is crucial for global market performance.
Key Global Indicators
- S&P 500 futures were little changed as of 9:20 a.m. Tokyo time
- Hang Seng futures rose 0.6%
- Japan’s Topix fell 0.8%
- Australia’s S&P/ASX 200 rose 0.4%
- Euro Stoxx 50 futures rose 0.4%
Upcoming Economic Data
- China's medium-term lending facility operations, Monday
- Singapore industrial production, Monday
- US durable goods, Monday
- Germany GDP, Tuesday
- Hong Kong trade, Tuesday
- US personal income and spending data, Friday
On Monday, the yen climbed to a three-week high against the dollar, as Federal Reserve Chair Jerome Powell's dovish stance contrasted with Bank of Japan Governor Kazuo Ueda's hawkish position.
Oil prices rose on concerns about regional conflicts affecting supply, with Brent crude futures increasing by 0.5%. The market remains cautious ahead of inflation data, influencing potential U.S. and European rate cuts.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.