Global Markets Fluctuate Amid Political Uncertainty and Economic Indicators

Global stock markets rose as investors anticipated an interest rate cut, prompted by weak U.S. labor data. Political shifts in Japan and France added to market fluctuations, while the U.S. dollar dipped amid economic uncertainties. Upcoming central bank decisions and economic data keep investors on edge.

Stocks gained traction and Treasury yields decreased on Monday, driven by subpar U.S. labor figures that bolstered expectations for a Federal Reserve rate cut this month. Investors are bracing for a politically charged week, vital economic data, and pivotal central bank actions worldwide.

Japan's political arena was stirred by the resignation of Prime Minister Shigeru Ishiba, influencing the yen, bonds, and stocks. Eyes are set on Ishiba's successor, with potential contenders like Liberal Democratic Party's Sanae Takaichi, known for criticizing BOJ's rate hikes, in the spotlight.

France is grappling with political intrigue as Prime Minister Francois Bayrou faces a confidence vote. His potential loss could see President Macron appoint a new prime minister or call for elections, amid already tense market sentiments. Similar political and economic anxieties have surfaced in Argentina and Indonesia.

(With inputs from agencies.)