Positive sentiment prevailed in world markets at the onset of 2025. Markets braced for the regime change in the U.S. as well as the monetary policy outlook of central banks worldwide. Optimism about the China growth story also boosted market sentiment.
Markets in the meanwhile are waiting for the weekly job market update from the U.S. that could potentially sway the Fed's monetary policy outlook.
Wall Street Futures are trading with strong gains. European benchmarks are trading on a mixed note. Asian benchmarks however displayed weak sentiment.
The Dollar Index strengthened. Bond yields mostly eased. Optimism about oil demand from China supported crude oil prices. Gold gained despite the Dollar's strength. Cryptocurrencies are trading mostly in the green.
Here is a snapshot of the major world markets at this hour.
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