Global Bazaar Update

Category:-Metal | 05-May-2026 09:29 AM

📊 Global Market Update

Advisory Bazaar Info Services

👉 US equity markets closed lower, declining between 0.20% and 1.13%.

👉 European markets also ended in the red, down by 0.14% to 0.26%.

👉 Asian markets are showing a mixed trend.

👉 GIFT Nifty is nearly flat, and Nifty futures are expected to open around the 24,050 level.

🛢️ Crude Oil Update

Rising tensions in the Middle East are keeping oil prices elevated.

👉 Increasing strain between the US and Iran has created uncertainty around a potential ceasefire.

👉 Brent crude is trading near $114 per barrel, after gaining around 6% in the previous session.

👉 WTI crude is holding below $105.

👉 Reports of attacks on energy infrastructure and vessels near the Strait of Hormuz have raised market concerns.

👉 US markets closed lower on Monday, although the software sector saw some strength ahead of earnings from Palantir Technologies.

👉 Most Asian markets are closed today, leading to lower trading activity and limited cues.

⚠️ Overall View:

Global markets remain under pressure due to ongoing geopolitical tensions, especially in the Middle East, which are driving volatility in crude oil and equities.


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