📌 Global Market Update

Advisory Bazaar Info Services

🔹 US equity markets closed higher, gaining between 0.64% and 1%.

🔹 European equity markets also ended in positive territory, up in the range of 0.09% to 1.17%.

🔹 Asian equity markets are trading with a mixed trend.

🔹 GIFT Nifty is trading around 70 points lower, indicating a likely opening for Nifty Futures near the 26,200 level.

🔹 Union Minister of Commerce & Industry Piyush Goyal will visit Brussels on January 8–9, where he will meet EU Commissioner Maroš Šefčovič. Discussions will focus on expediting the India–EU Free Trade Agreement (FTA), with special emphasis on benefiting India’s labour-intensive sectors.

🔹 US markets closed at fresh record highs on Tuesday, supported by strong investments in artificial intelligence and expectations of a more accommodative monetary policy from the Federal Reserve.

🔹 After a strong start to the year, Asian markets came under some pressure on Wednesday. Japanese markets declined amid rising tensions with China.

🔹 Crude oil prices continued to fall. Following comments by Donald Trump regarding a potential transfer of up to 50 million barrels of crude oil from Venezuela to the US, Brent crude closed below $61 per barrel.