GLOBAL MARKET UPDATE
Advisory Bazaar Info Services
* European equity markets ended flat.
* Asian equity markets are trading mixed.
* Sensex and Nifty are trading higher by 265 points and 75 points, respectively.
* Japan’s two-year bond yield has climbed to its highest level since 2008 amid expectations of an interest rate hike.
* US equity markets closed higher in a light, holiday-affected session, while a technical glitch at the Chicago Mercantile Exchange briefly disrupted pre-market trading.
* US Treasury yields inched higher, leading to weakness in bonds.
* Crude oil prices rose after OPEC+ confirmed it will continue its production freeze through the first quarter. The Saudi-led producer group reiterated its three-month output halt.
* Markets are also assessing the impact of President Donald Trump’s recent remarks on Venezuela.