On Wednesday, the global markets displayed stability, yet the dollar showed strength, while gold prices experienced a decline. This followed remarks by Federal Reserve Chair Jerome Powell, who discussed the need to weigh high inflation against a weaker job market in deciding future interest rate cuts.

European defense stocks rose sharply after President Trump expressed optimism about Ukraine regaining territories from Russia. His stance marked a shift during his U.N. General Assembly speech, where he criticized Western nations for their climate change policies and approach to immigration.

In the U.S., new single-family home sales surged unexpectedly, bucking economist forecasts. On Wall Street, indices remained mostly unchanged, though the U.S. Treasury yields experienced slight increase

See Full Page