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European shares climbed on Friday, as signs of easing U.S.-China trade conflicts and a raft of positive corporate earnings boosted investor sentiment.
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Deepak Shenoy of Capital Mind forecasts a dramatic 2025 with Nifty potentially hitting 30,000, gold plunging 20%, and a US recession restricting Fed rate cuts. He expects India’s growth to stay robust, driven by domestic investors.
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Kotak Mahindra Bank is expected to report a largely flat Q2FY26 PAT amid NIM compression and margin pressure. Analysts highlight loan and deposit growth, unsecured lending, and asset quality as key monitorables, with operating performance and credit costs shaping the near-term outlook.
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Japan’s Nikkei share average surged over 1% on Friday, driven by tech stocks and anticipation of fiscal stimulus from Prime Minister Sanae Takaichi’s new government. The index was poised for an eighth weekly gain in nine, with investors scooping up technology shares that had recently declined. SoftBank Group and chip-related Advantest were among the top gainers.
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Euro zone government bond yields edged higher Friday as investors awaited crucial economic data from the region and the U.S. Inflation concerns, fueled by rising oil prices due to U.S. sanctions on Russia, contributed to the cautious market sentiment. Money markets are pricing in a potential ECB rate cut by July.
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