The trading day started with price increases in Europe, with the German DAX, French CAC, and British Potsey indices all rising. In China, restrictions on Tesla cars were removed after safety data was provided. Tesla CEO Elon Musk visited Beijing to promote autonomous driving technology in the Chinese market. Collaboration with Baidu helped Tesla receive approval to launch the technology.
In Asia, trading opened with price increases in China and Japan. Wall Street is expected to open with a slight increase after a strong trading week. Reports from tech giants like Meta, Alphabet, Microsoft, and Intel influenced market performance. Major retailers like Amazon, Coke, McDonald’s, and Starbucks will release reports this week.
The Federal Reserve will meet to discuss interest rates, with Chairman Powell expected to address economic concerns. The possibility of political interference in central bank decisions is a topic of discussion. Employment figures will be released later in the week. Bond yields and oil prices remain stable.
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