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European Shares Steady; Asian Markets Surge on Tech Rally

1/7/2025

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Story summary
  • European shares held steady, with the STOXX 600 index increasing by 0.1% following expected inflation data.
  • Asian markets surged, led by Japan's Nikkei, which rose 2% on tech stock rallies.
  • Trump's aides are exploring universal tariffs, though modifications may be necessary.
  • The dollar declined by 0.3%, while both the euro and sterling appreciated.
  • Anticipated economic data releases this week include US jobs reports.