2024-06-18 09:02:37

Global Markets Respond to Tech Rally and Policy Support Hopes Amid Economic Concerns

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European stock futures and Asian markets climb following a rally in US tech shares and hopes for policy support amidst economic concerns, including worries over global risks. The dollar strengthens, and gold rallies as investors seek safe-haven assets.

Amid a far-right surge in parliamentary elections, European markets face market weakness despite lower Treasury yields. Wall Street's record gains boost DAX expectations, while Hong Kong stocks advance on policy support hopes amidst disappointing Chinese economic data.

Market sentiment is influenced by central bank decisions signaling potential delays in the interest-rate easing cycle.

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