Financial analysts observed a broader stabilization in world markets on Monday, following a tense weekend in the Middle East marked by the absence of direct missile exchanges between Israel and Iran. This respite, although anticipated since Friday, contributed to a calmer atmosphere. Meanwhile, the U.S. Treasuries and the dollar remained eager for developments, influenced by the persistent stance of the Fed, robust economic indicators, and the divergent trends in Europe hinting at potential interest rate cuts there.
U.S. crude prices fall back to their lowest level this month and gold prices retreated 1%.

Asia Pacific markets
China's decision to maintain benchmark lending rates aligned with market forecasts.
The dollar continued its ascent, nearing last week's highs against the Japanese yen, with attention turning to the upcoming Bank of Japan meeting.
After the bouncing, the Australian dollar is still trying to resume the growth.

European markets
European markets reflected clarity from the European Central Bank regarding rate cuts expected as soon as June, fueling the dollar's strength against the euro. Speculative dollar positions expanded significantly, reaching their highest levels since June 2019, while sterling plummeted to five-month lows following a dovish speech from Bank of England deputy governor David Ramsden.

American markets
The 'Magnificent 7' tech giants faced significant retreats as first-quarter earnings reports began rolling in, with Nvidia particularly affected, dropping 10% amid sector volatility.

​​​​​​​The USDCAD currency pair approached the upper boundary of the global range, leaving the Greenback vulnerable and potentially retreating within the range.