🌍 Global Market Update

Advisory Bazaar Info Services

• US equity markets closed lower, declining between 0.26% and 1.61%.

• European equity markets also ended the session around 1.5% lower.

• Asian equity markets are showing a mixed trend today.

• GIFT Nifty is trading about 150 points lower, indicating that Nifty Futures may open around 24,650 levels.

• Iran’s Foreign Minister Abbas Araghchi stated that Iran is fully prepared for a possible ground offensive by the United States and currently has no plans for a ceasefire or negotiations with Washington, D.C..

• The ongoing conflict involving the United States and Israel against Iran has entered its sixth day, with no signs of easing tensions, which continues to support energy prices.

• Asian markets have been negatively impacted by these developments, and Friday’s sharp declines could make this the weakest week for several markets in the past six years.

• Due to escalating tensions in the Middle East, crude oil prices have surged sharply, marking the largest weekly jump since 2022.

📊 Overall: Global markets are witnessing a strong risk-off sentiment driven by rising geopolitical tensions.