📌 Global Market Update

Advisory Bazaar Info Services

🔹 US markets remained closed on Monday on account of the Presidents’ Day holiday.

🔹 European equity markets, barring the DAX, ended on a positive note.

🔹 Asian equity markets are witnessing a mixed trend.

🔹 Sensex–Nifty declined by around 145–75 points.

🔹 According to the Commerce Ministry, India’s merchandise trade deficit widened to $34.7 billion in January 2026.

* Imports rose 19.2% YoY to $71.24 billion.

* Exports increased marginally by 0.6% YoY to $36.5 billion.

* The United States remains India’s top export destination, while China continues to be the largest source of imports.

* In the current fiscal year so far, India’s exports to the US stood at $72.46 billion, about 6% higher than $68.46 billion in the same period last year.

🔹 Weak economic data from Japan has led Asian markets to consolidate with a negative bias.

🔹 US 2-year Treasury yields dropped to their lowest level since 2022 amid expectations that the Federal Reserve may cut rates more than twice this year.

🔹 The benchmark 10-year yield stood at 4.05%, the lowest level since November.