📌 Global Market Update
Advisory Bazaar Info Services
🇺🇸 US Markets:
US equity markets closed positive, except for the NASDAQ.
🇪🇺 European Markets:
European stock markets ended the session on a flat note.
🌏 Asian Markets:
Most Asian equity markets are trading in positive territory.
🇮🇳 Indian Cues:
GIFT Nifty is up by around 40 points, indicating a likely opening for Nifty futures near the 26,100 level.
📊 Market Sentiment:
US markets showed mixed trends on Thursday. Last year’s technology leaders remained under pressure, while investor interest shifted toward energy, consumer, and small-cap stocks. Meanwhile, the pace of the rally in global bonds slowed.
🌏 Asia Update:
After two consecutive days of decline at the start of the year, Asian markets are witnessing a recovery. Investors are awaiting the US payroll data due today and a potential Supreme Court ruling related to President Donald Trump’s tariff policies.
🛢️ Crude Oil (OPEC):
According to a Bloomberg survey, OPEC crude oil production remained nearly stable in December. A sharp drop in Venezuela’s output was offset by higher supply from Iraq and a few other countries.
Venezuela’s production fell by about 14% to 830,000 barrels per day, as the US intensified pressure by blocking and seizing oil tankers.
⛽ Oil Market:
Crude oil prices continued to rise amid President Trump’s warnings against Iran and tighter US restrictions on Venezuela’s energy exports. Brent crude is trading around the $62 per barrel level.