Global Market Update

Advisory Bazaar Info Services

US Markets

* The US equity markets closed higher, gaining between 0.18% to 0.86%.

* The Dollar Index remained stable after falling 0.4% in the previous session.

* US Treasury yields declined, with the 2-year yield slipping to around 3.48%.

European Markets

* European equity markets closed on a flat note.

Asian Markets

* Asian markets are trading mixed today.

* The MSCI Asia Index is trading with a modest gain of around 0.2%.

* Weakness in US job market data has increased expectations of a Fed rate cut next week, which is supporting Asian markets.

Indian Markets

* Sensex and Nifty are showing slight gains of 35–10 points.

* India and the European Union (EU) are making rapid progress on their long-pending Free Trade Agreement (FTA).

* A 40-member EU delegation will arrive in New Delhi on Thursday, increasing the chances of finalizing the FTA by the end of this year.

Crude Oil

* Oil prices remain stable amid geopolitical tensions and supply–demand uncertainties.

* WTI Crude is trading around $59 per barrel.