Central Banks Boost Markets 📈

Investors were optimistic at the start of the week as central bankers gave reassuring statements and Chinese markets saw support measures. Technology stocks had a particularly strong showing in Europe, while US markets, the dollar, and Treasuries stayed relatively steady. Federal Reserve Chair Jerome Powell and European Central Bank President Christine Lagarde both voiced their dedication to taking a careful approach to monetary policy. Asian stock benchmarks experienced a surge due to Beijing's reduced stock trade levy, while Chinese stocks were not as fortunate due to increased selling from foreign funds.