Global Markets Steady Amid International Deals and Rate Hikes

Global markets found stability after a turbulent start to the week, with rebounds in Asian stocks and currency gains following international trade agreements. Key market indicators include the ECB's lending survey and earnings reports from major companies, alongside strategic developments in technology and mining sectors.


Devdiscourse News Desk | Updated: 03-02-2026 11:00 IST | Created: 03-02-2026 11:00 IST
Global Markets Steady Amid International Deals and Rate Hikes
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Global markets regained stability on Tuesday following a tumultuous start marked by a gold and silver sell-off on Monday. Asian stock recoveries, highlighted by impressive rebounds in Tokyo and Seoul, played a critical role in this recovery.

Positive sentiment was bolstered by a new deal involving U.S. President Donald Trump, which secured tariff reductions on Indian goods in exchange for India halting its Russian oil purchases. These developments spurred a notable rise in both the Indian rupee and the Australian dollar.

Amidst these international trade movements, investors are closely monitoring the ECB's lending survey and U.S company earnings. Similarly, notable advancements emerged in the technology and mining sectors, including SpaceX's acquisition of Elon Musk's artificial intelligence startup xAI.

(With inputs from agencies.)

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