Global Stock Markets Mixed on Monday: Europe, Asia, and Wall Street Each See Different Results

J.P. Morgan forecasts stock market cooling in Europe

The trading day began in Europe with a negative trend, as the FTSE index dropped 0.3%, while the DAX and KAC remained unchanged. Meanwhile, in Asia, stock exchanges in China, Hong Kong, and South Korea were closed for the Chinese New Year holiday, while Japan’s stock market was closed for “National Day.” Wall Street futures were trading in a mixed trend with minimal changes.

Last Friday saw varied results on Wall Street, with indices such as the S&P 500, Dow Jones, and Nasdaq experiencing different changes. Cloud Flair experienced a 20% increase following better-than-expected reports, while PepsiCo and Pinterest declined. Expedia Group also reported a decrease of about 18%. This week’s upcoming reports include Coca-Cola, IRB, Paramount Global, Cisco Corp., Occidental Petroleum, Coinbase Global, Applied Materials, and Rocco.

American government bonds traded in a mixed trend, with the yield on 10-year bonds decreasing slightly to around 4.17%. In the commodity and currency markets, American oil and Brent oil were trading at $76.5 and $81.7 per barrel respectively. Cryptocurrencies such as Bitcoin and Ethereum experienced significant increases.

The upcoming week promises new data such as unemployment data in Great Britain

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