Global Market Update –

Advisory Bazaar Info Services

🔹 US Equity Markets:

US equity markets closed higher, posting gains in the range of 0.14% to 1.37%. Trading remained volatile during the session. Comments from a senior Federal Reserve official indicated room for interest rate cuts, leading to a recovery in bond markets, while high-valuation technology stocks and cryptocurrencies remained under pressure.

🔹 European Equity Markets:

European equity markets ended the session on a positive note.

🔹 Asian Equity Markets:

Asian markets are trading higher. Softer US inflation data has strengthened expectations of interest rate cuts by the Federal Reserve, improving overall market sentiment.

🔹 India Cues:

GIFT Nifty is trading higher by around 80 points. Based on this, Nifty futures are likely to open near the 25,950 level.

🔹 Crude Oil (Brent Crude):

Brent crude witnessed volatile trading and briefly moved close to $61 per barrel, though early gains were later pared. Market reaction remained limited as US President Donald Trump did not mention Venezuela in his White House address.

Conclusion:

Globally, softer US inflation data and expectations of potential rate cuts have created a positive environment for equity markets, although volatility may persist.