π Global Market Update
Advisory Bazaar Info Services | Date: August 7, 2025
π US Equity Markets:
US markets posted gains ranging from 0.15% to 1.20%, driven by strong performance in major tech companies. Investors are now shifting focus to corporate earnings.
πͺπΊ European Markets:
European markets ended on a flat to slightly positive note.
π Asian Markets:
Asian markets are trading with a positive sentiment ahead of the release of key economic data, including:
• Trade data from Australia and China
• Inflation expectations in New Zealand
• Industrial production figures from Malaysia
π’ Crude Oil Update:
Brent crude prices have declined to around $67 per barrel, marking the lowest level since June.
πΊπΈ US Tariff Update:
US President Donald Trump has ordered an additional 25% tariff on crude oil imports from India due to its continued purchases from Russia. This decision will be effective from August 27.
π GIFT Nifty Update:
GIFT Nifty is trading 70 points lower.
Nifty futures are likely to open near 24,550.