Asia-Pacific markets saw a significant rise on Tuesday following China's decision to cut its key lending rates to stimulate economic growth amidst ongoing trade tensions. Investors are keenly observing the developments.
European bourses opened mixed as the U.K. markets remained closed for a bank holiday. Investors are keenly awaiting economic data and earnings reports, including major companies like Novo Nordisk and BMW.
As inflation rates rise and trade tensions escalate, economists warn of potential economic turmoil. The Fed's decisions could be pivotal as consumer confidence wanes.