From Yahoo Finance:

Global stocks surged on Monday as investors anticipate central bank meetings this week. MSCI’s index rose 0.69% with positive data from China. The Dow Jones and Nasdaq also saw increases. Analysts await clues from Fed Chair Powell on potential rate cuts, with some foreseeing a delay due to sticky inflation levels.

The Fed is expected to maintain rates this week but may signal future cuts by June or July. Analysts caution that inflation risks are increasing, despite recent data showing gradual progress. Market expectations for rate cuts have decreased, leading to increased Treasury yields.

Japan may end its negative interest rates streak after positive wage growth. The yen weakened against the dollar, while Asian markets closed higher. European stocks dipped, and central banks in multiple countries are expected to keep rates steady this week. Gold prices rose slightly, and oil prices improved on increased demand outlook.

The Bank of England and Swiss National Bank meetings are scheduled, while the dollar and yields rise. Gold prices remain relatively stable, while oil prices improve due to increased demand forecasts and supply disruptions. U.S. crude and Brent prices rose, showing positive momentum in the market.



Read more at Yahoo Finance: World shares cheer China data, as central banks line up