Global Markets Rise on Hopes of China Stimulus, Gold Hits Record High

Global markets started the week strong, driven by optimism about potential economic stimulus measures. China`s announcement of an upcoming economic briefing and a rate cut fueled expectations of renewed efforts to boost its slowing economy. Investors are also anticipating further easing from the Federal Reserve, with upcoming US economic data expected to provide guidance. While the yen weakened following comments from the Bank of Japan Governor, the dollar remained stable. Market attention will now turn to central bank meetings in Sweden and Switzerland, along with speeches from Federal Reserve officials and the release of key US economic indicators later this week.