Market Overview: Summer Rally Fuels Optimism Despite Risk Factors

Global financial markets experienced a mixed week, driven by resilient US economic data, shifting central bank policies, and simmering geopolitical tensions. While US equities soared to new highs fueled by strong job numbers and easing trade concerns, European markets adopted a cautious approach following the ECB’s rate cut and policy pause. Asian markets exhibited a patchwork of trends, with Japanese equities benefiting from a weakening yen and Chinese and Indian industrial demand showing tentative recovery signs.