📌 Global Market Update

Advisory Bazaar Info Services

🔹 U.S. equity markets closed on a negative note.

🔹 European equity markets witnessed strength, with major indices ending higher by 0.50% to 0.93%.

🔹 In the domestic market, Sensex and Bank Nifty were seen trading higher by around 200–350 points.

🔹 The U.S. dollar gained support following comments by President Trump regarding the announcement of the next Federal Reserve Chair, strengthening by nearly 0.4% against the yen, euro, and other major currencies.

🔹 Gold prices declined on Friday under pressure from a stronger dollar. However, ongoing geopolitical and economic uncertainties boosted safe-haven demand, putting gold on track for its largest monthly gain since 1980.

🔹 From the Union Budget, expectations remain focused on sustaining economic growth, strengthening fiscal discipline, and introducing reforms that can shield the economy from global trade tensions, particularly the impact of U.S. tariffs.