Nigeria, March 26 -- This report is from today's TNC's Daily Open, our international markets update. TNC Daily Open keeps investors informed on everything they need to know, no matter where they are.

Numerous studies monitoring sentiment in March indicate that the likelihood of a U.S. recession is deepening and bleakening the future for both consumers and CFOs. However, during the last three days, Wall Street has climbed, possibly reflecting investors' cautious optimism that President Donald Trump will budge on his position on reciprocal tariffs.

Across the pond, the German software company SAP has increased about 10% this year and is now the most valuable corporation in Europe thanks to a surge in stock gains. In the meantime, BYD, an ...