Overview
- Asian markets, especially Japan's Nikkei 225, posted strong gains, with the index rising 6.03% as investors bought oversold stocks.
- European markets, including Germany's DAX and the UK's FTSE 100, showed moderate recovery after a week of significant losses.
- Beijing pledged market stabilization efforts, resisting U.S. tariff policies while China's sovereign fund promised continued support.
- Investor sentiment remains cautious due to lingering uncertainties around U.S. tariff policies and potential impacts on global demand.
- Gold prices surpassed $3,000 per ounce, reflecting continued market volatility and demand for safe-haven assets.