Global Stocks Gain, Oil Prices Fall Ahead of Key Central Bank Meetings This Week
World stock markets saw gains, while oil prices declined, as investors anticipate monetary policy decisions from five major central banks this week, including the US Federal Reserve, European Central Bank (ECB), and Bank of Japan (BOJ). The Fed, ECB, and BOJ are largely expected to maintain current interest rates but may signal potential hikes in December. Conversely, the central banks of New Zealand and Canada are projected to raise rates. The yield on benchmark US 10-year notes was flat at 4.988%, while German 10-year Bund yields rose.
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