Market Stability Amid Global Tensions and Economic Shifts

Global markets held steady despite recent fluctuations in tech stocks and geopolitical tensions. Key reports from Nvidia and U.S. jobs data are anticipated to provide direction. Meanwhile, Asian stocks dipped following China-Japan strains, and economic stimuli in Japan weighed on bonds, affecting yields. Gold and oil prices shifted as global factors influenced demand and supply dynamics.

Global stock markets maintained a steady course on Monday, recovering from a recent tech stock volatility. Investors keenly await Nvidia's earnings report and Thursday's U.S. jobs data for further insights into economic trends.

In Europe, the benchmark index of 600 stocks saw a modest rise, while futures for major U.S. indices registered gains. A decline in expectations for a U.S. interest rate cut is impacting technology stocks, placing pressure on current market valuations.

Asian markets faced challenges, notably in Japan, where tensions with China led to a downturn in tourism and retail stock performance. Meanwhile, mining giant BHP's legal setback and Japan's fiscal moves influenced market stability. Analysts are keeping a close watch on currency fluctuations and bond yields, with potential implications for fiscal policy across major economies.

(With inputs from agencies.)