Asian markets opened higher, mirroring a Wall Street surge. Investors are showing renewed interest in cyclical stocks, moving away from technology. This shift comes as markets assess demand and intense scrutiny on artificial intelligence valuations. A strong performance in Japan’s Nikkei 225 index also boosted sentiment. This sets a dynamic tone for the week ahead.
Global Market: Euro zone bond yields hit near one-month high as oil surge fuels ECB rate hike bets
Euro zone government bond yields reached their highest levels in nearly a month. This rise followed a sharp jump in oil prices and heightened inflation