As the European Markets Open High, China’s Economy Leaves a Positive Effect

A wider opening of the Chinese economy is expected to boost market mood and lead to a favorable opening for European markets at the start of the new trading week.

 

The end of the zero-Covid policy, which had essentially blocked borders for over three years, was signaled by Hong Kong and mainland China resuming quarantine-free travel over the weekend, sending Asia-Pacific markets higher overnight.

 

Overnight trading on Sunday saw a little increase in U.S. stock futures after the major averages recorded their first significant surge of the new trading year.

Leave a Reply

Your email address will not be published.