SMM Morning Comments

Category:-Metal | 02-Jun-2025 09:17 AM

🌐 Global Bazaar Update

US Markets: Ended flat as investors tread cautiously.

Europe: Mostly in the green, except CAC, which closed lower.

Asia: Trading lower amid rising trade tensions; US stock-index futures also down.

Safe Havens Rise: Demand for gold surges as risk appetite wanes.

🚨 Trade Tensions

President Trump intensified trade disputes—doubling tariffs on steel and aluminum imports, while accusing China of breaching tariff-easing agreements. Markets remain jittery, fearing a potential US recession amid unresolved legal challenges to the tariffs.

🧭 Domestic Cues

GIFT Nifty is flat. Nifty futures indicate a muted start around 24,850 levels.


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