🌐 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.