Metal Market Update

Category:-Metal | 09-Jan-2026 08:21 AM

📌 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.


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