Markets Optimistic as Factories Ramp Up Production

Reported 6 months ago

Share markets opened the week positively, driven by increased factory activity in Asia, particularly in China, Japan, and South Korea. Oil prices rose following OPEC+ agreement to extend oil output cuts until 2025. Indian markets anticipate record highs as election results are awaited, with analysts at BofA expressing optimism about India's growth prospects. In Mexico, Claudia Sheinbaum won the presidential election, while the focus for the week remains on interest rate decisions by the European Central Bank and the Bank of Canada.

Source: YAHOO

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