Morning Bid: It's all about central banks this week

Group 1: Central Bank Meetings - The U.S. Federal Reserve, Bank of England, Bank of Japan, and other central banks are meeting to decide on interest rates this week [1][2] - Markets are anticipating a 25-basis-point cut from the Fed, with only a 3.8% chance of a larger 50-basis-point reduction [3] Group 2: Market Reactions - Asian stocks rose 0.1%, with South Korea's Kospi index reaching a new record due to the government scrapping capital gains tax hike plans [3] - In early European trading, pan-region futures were up 0.11%, while German DAX futures remained flat and FTSE futures slipped 0.1% [4] Group 3: Trade Agreements and Economic Indicators - The U.S. and Britain are set to announce agreements on technology and civil nuclear energy during President Trump's state visit, with the UK aiming to finalize steel tariffs [5] - Chinese economic indicators showed a slowdown, with industrial output growing at 5.2% and retail sales increasing by only 3.4% year-on-year [6] Group 4: Company-Specific Developments - Pop Mart, a plushie-maker in China, saw its shares drop by 9% after J.P. Morgan downgraded the stock to neutral, citing it as vulnerable to setbacks [7]