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Global markets climb as optimism over US shutdown resolution lifts investor confidence
Global markets rallied as US shutdown optimism boosted equities, oil, and emerging-market assets amid easing political uncertainty and stable earnings.
Global equities advanced on November 10 as optimism over an impending US government reopening strengthened risk sentiment worldwide. Asian indices gained between 0.4 % and 0.7 %, while European benchmarks opened higher. US futures extended modest gains following the Senate’s progress on a budget bill. Oil prices firmed near $86 per barrel, and the US dollar stabilized.
Analysts pointed to easing political uncertainty and resilient corporate earnings as catalysts for renewed inflows into emerging-market assets. The rally reflected broader relief that a prolonged fiscal deadlock could be avoided.