17 Days
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الاقتصادية
Markets foresee June with AI and inflation concerns
Global markets ended May with a strong performance supported by geopolitical optimism and positive corporate earnings, alongside continued momentum in the artificial intelligence sector. The Nasdaq index rose by 16.1% since the beginning of the year, while the S&P 500 increased by 10.7%. Meanwhile, the Nikkei 225 maintained its gains of 31.8%. On the economic front, the performance varied among advanced economies, with the Canadian economy entering technical recession and France experiencing contraction, amid ongoing financial challenges and falling oil prices in May after the worst monthly performance since 2020. Additionally, Bitcoin declined by 16.1% since the start of the year. As June approaches, markets are awaiting the results of monetary policies and developments in US-Iran relations, amid persistent inflation and rising US national debt.
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