Global Markets Surge on Trade Deal Optimism

Global stock markets soared to new record highs on Monday, fueled by optimism over an impending U.S.-China trade agreement. The U.S. dollar saw a decline as risk appetite surged, driven by positive sentiment around the negotiations between the leaders of the two largest global economies.

Investors are closely monitoring a series of major earnings reports from key tech companies, known as the "Magnificent Seven." Wall Street witnessed robust gains, with the Dow Jones, S&P 500, and Nasdaq all closing at unprecedented levels.

As the week unfolds, attention will shift to central bank meetings in Japan, Europe, Canada, and the United States, where the Federal Reserve is expected to announce a rate cut, further influencing global financial dynamics.