Global stock markets saw a notable rebound on Monday, September 21, with major indices including the S&P 500, Nasdaq, Stoxx 600, and Kospi all recording solid gains. This recovery came despite recent Federal Reserve interest rate hikes and reflects strong earnings growth, according to the Danske Research Team as reported by FX Street.
Meanwhile, the US Dollar maintained its recent strength, with the US Dollar Index (DXY) rising 0.15% to approximately 100.37 at the start of the week. This move underscores market expectations of further monetary tightening by the Federal Reserve later this year, FX Street noted.
For Japanese investors, this global market resilience alongside a firm US Dollar suggests continued volatility in FX and equities, emphasizing the importance of monitoring Fed policy developments and their impact on capital flows in the region.