📊 Global Market Update
Advisory Bazaar Info Services
👉 US equity markets closed lower, declining between 0.20% and 1.13%.
👉 European markets also ended in the red, down by 0.14% to 0.26%.
👉 Asian markets are showing a mixed trend.
👉 GIFT Nifty is nearly flat, and Nifty futures are expected to open around the 24,050 level.
🛢️ Crude Oil Update
Rising tensions in the Middle East are keeping oil prices elevated.
👉 Increasing strain between the US and Iran has created uncertainty around a potential ceasefire.
👉 Brent crude is trading near $114 per barrel, after gaining around 6% in the previous session.
👉 WTI crude is holding below $105.
👉 Reports of attacks on energy infrastructure and vessels near the Strait of Hormuz have raised market concerns.
👉 US markets closed lower on Monday, although the software sector saw some strength ahead of earnings from Palantir Technologies.
👉 Most Asian markets are closed today, leading to lower trading activity and limited cues.
⚠️ Overall View:
Global markets remain under pressure due to ongoing geopolitical tensions, especially in the Middle East, which are driving volatility in crude oil and equities.