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Wednesday, February 28, 2024

World Market Weekly Recap: January 22 – 26, 2024

World markets had a topsy-turvy run this week attributable to a busy information calendar, primarily on Chinese language stimulus developments, earnings knowledge, and main central banks’ choices.

Weekend headlines on geopolitical tensions greeted market gamers on Monday, triggering risk-off flows that accelerated when the Individuals’s Financial institution of China shunned taking motion.

A principally optimistic U.S. earnings season sparked some risk-taking midweek, together with Chinese language Premier Li Quiang’s requires extra decisive measures to stem the inventory market rout.

Quickly sufficient, the highlight shifted to flash PMI figures, inflation knowledge, and top-tier U.S. reviews, in addition to their implications on longer-term international borrowing prices.

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