📌 Global Market Update

Advisory Bazaar Info Services

• US equity markets, except NASDAQ, closed on a positive note.

• European equity markets ended flat.

• Most Asian equity markets traded in green on Monday. South Korea’s benchmark advanced, while Australia and Hong Kong slipped. Japan remained shut for a holiday. MSCI’s Asia equity index also hovered near a record high.

• GIFT Nifty traded little changed; Nifty futures likely to open around 25,170 levels.

• Crude oil prices stayed below USD 67 per barrel as traders weighed Western sanctions on Russian supplies against forecasts of surplus later this year.

• Volatility is expected to rise in the second half of the week as major central banks – US Fed, Bank of Japan, and Bank of England – are set to announce their monetary policy decisions.