📊 Global Market Update
Advisory Bazaar Info Services
🔹 US equity markets settled on a flat to negative note.
🔹 European equity markets ended lower, except the CAC 40 which showed relative resilience.
🔹 Asian equity markets are trading mixed amid ongoing uncertainties.
🔹 In India, the BSE Sensex and Nifty 50 declined by 315 and 76 points respectively.
🔸 Donald Trump stated that Israel and Lebanon have agreed to extend their ceasefire by three weeks, aiming to create room for negotiations toward a long-term peace agreement.
🔸 Markets witnessed fresh volatility as equities weakened while oil prices surged due to rising geopolitical concerns, particularly around the Strait of Hormuz, where potential disruptions could impact global supply.
🔸 Oil prices climbed for the fifth consecutive session. Brent Crude rose above $106 per barrel, marking its longest rally since January and heading for a weekly gain of around 17%.
🔹 Asian markets continue to trade on a mixed note, reflecting caution amid geopolitical tensions.