📌 Global Market Update
Advisory Bazaar Info Services
🔻 US Equity Markets
US equity markets closed sharply lower, with losses ranging from 1.75% to 2.41%.
🔻 European Equity Markets
European markets also ended in the red, declining by 0.60% to 1%.
🔻 Asian Equity Markets
Most Asian markets are trading with a negative bias.
🇮🇳 Indian Equity Markets
Sensex and Nifty are trading lower, down by around 122–10 points.
🌍 Global Developments
European Commission President Ursula von der Leyen, speaking at the WEF in Davos, indicated that India–EU trade negotiations have entered a decisive phase. Both sides are close to a potential “historic trade agreement”, which could reshape global trade and supply chains.
⚠️ Geopolitical Tensions
Market volatility has increased after former US President Donald Trump threatened tariffs on European countries that rejected his proposal to purchase Greenland.
📉 Impact on Asian Markets
Amid rising US–Europe tensions and sell-offs on Wall Street, Asian markets are trading in the red, fueling concerns over a potential trade war.
🛢️ Crude Oil
Oil prices declined amid heightened market anxiety.
Brent crude slipped below $64 per barrel.