💨 Abstract

Global stock markets rose on Friday following softened comments from U.S. President Donald Trump towards tariffs against China, raising the prospect of lower U.S. interest rates. Trump's comments in Davos, Switzerland, indicated a friendly conversation with President Xi Jinping and a potential trade deal with China. The Bank of Japan raised interest rates, while the yen firmed.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖