Global markets experienced a lull as the U.S. observed Presidents Day, a federal holiday that saw U.S. stock exchanges closed. Investors remained cautious, awaiting critical economic data and corporate earnings reports in the upcoming week. Major global indices showed muted activity, with many traders adopting a wait-and-see approach before making significant moves. European markets opened mixed, reflecting diverse economic indicators and investor sentiment. In Asia, stock movements were modest, with regional tensions affecting trade. Commodity prices, including oil and gold, remained stable, driven by global supply concerns and inflationary pressures. Overall, the holiday created a brief pause in market volatility, highlighting the importance of upcoming events that could shift investor confidence and market dynamics ahead.
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