Global Markets React to Economic Data and Earnings Reports

Investors focus on U.S. interest rates and economic policies as markets show mixed performance.

European markets opened higher, with the Stoxx 600 index up 0.35%, driven by positive earnings reports from companies like Imperial Brands and Thyssenkrupp.
U.S. markets showed mixed futures, with investors watching for earnings from major companies like Walmart and Lowe's, and assessing the impact of potential economic policies under President-elect Donald Trump.
Asian markets mostly gained, with Japan's Nikkei up 0.5% and China's Shanghai Composite rising 0.7%, despite concerns over potential tariff hikes.
Oil prices declined slightly due to the restart of production at Norway's Johan Sverdrup oilfield and ongoing caution regarding the Russia-Ukraine conflict.
The Canadian dollar weakened against the U.S. dollar, and the U.S. dollar index rose, reflecting market uncertainty over future Federal Reserve interest rate cuts.