U.S. and global markets exhibited positive momentum as S&P 500 and STOXX 50 indices rose by 1.39% and 1.61%, respectively. Market participants reacted positively to the Fed's signal that interest rate hikes may pause soon, leading to a decline in bond yields. As banking sector concerns eased, bank shares and bonds experienced gains, which contributed to the overall market performance. Central banks worldwide are proactively addressing the risk of an international liquidity crunch, resulting in boosted market sentiment. Notably, volatility indices VIX and VSTOXX fell significantly by -3.77 and -5.16 points, while Japan's Nikkei 225 saw a modest 0.19% increase.
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