📊 Global Market Update

Advisory Bazaar Info Services

🔻 U.S. equity markets closed sharply lower, falling between 1.65% to 2.15%

🔻 European markets also ended in the red, down 0.05% to 1.40%

🔻 Asian markets are trading weak today

🔻 GIFT Nifty down by 220 points; Nifty futures may open around 22,600 levels

🛢️ Crude Oil Update

Oil prices surged at the start of the week amid escalating tensions in West Asia. Iran-backed Houthi forces in Yemen launched missile strikes on Israel, while fresh U.S. troop deployment has further unsettled global energy markets.

⚠️ Key Risk Zones

The Bab el-Mandeb Strait and southern Red Sea—critical routes for global oil shipments—remain under threat. Any disruption may severely impact cargo movement between Europe and Asia.

📉 U.S. Market Snapshot

On Friday, all three major indices closed at their lowest levels in over 7 months. The Dow Jones has officially entered correction territory, reflecting rising geopolitical concerns.

🌏 Asia Outlook

Asian markets remain under pressure as investors brace for a prolonged Gulf conflict, increasing fears of inflation and a potential global recession.

🛢️ Crude Prices

▪️ Brent Crude: $115.98 (+3%, +60% monthly)

▪️ WTI Crude: $102.52 (+3%, +53% monthly)

👉 Overall Outlook:

Rising geopolitical tensions are expected to keep global markets volatile and under pressure in the near term.