Global Markets React to Economic and Political Shocks: What You Need to Know

As of October 4, 2024, the global futures market is experiencing mixed trends. Euro STOXX 50 rose by 10 points, while FTSE and DAX futures posted modest gains. Japanese stocks advanced but remain volatile due to fluctuating interest rate policies. Oil prices remained steady, but potential disruptions in the Middle East are being closely watched. U.S. President Joe Biden alleviated fears by downplaying the likelihood of an all-out war, which helped stabilize geopolitical tensions.

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