Global Market Update

Advisory Bazaar Info Services LLP

🌍 Global equity markets remain under pressure.

🔴 US equity markets closed lower, declining between 0.97% and 2.15%.

🔴 European markets also ended in the red, falling 0.73% to 1.58%.

🔴 Asian markets are trading lower in early Friday session.

📉 GIFT Nifty is down by around 200 points, indicating that Nifty Futures may open near the 23,650 level.

🇺🇸 The US has announced new tariffs of 10% to 12.5% on imports from around 60 trading partners, including the UK, China, the EU, Canada, Japan, and India, citing concerns over inadequate measures to curb forced labour.

📉 Wall Street opened weak on Thursday as heavy selling in technology stocks weighed on major indices. Alphabet led the decline, pushing the Nasdaq Composite to the biggest loss among the major benchmarks.

🌏 Asian markets remain under pressure as surging crude oil prices have reignited inflation concerns, increasing expectations that major central banks may keep interest rates higher for longer.

📊 Key Asian Indices:

* 🇯🇵 Nikkei: -2.9%

* 🇰🇷 Kospi: -3.7%

🛢️ Brent crude has climbed above $100 per barrel, while rising US Treasury yields and growing global risk aversion continue to weigh on investor sentiment.

⚠️ Indian equity markets are expected to witness a weak opening with heightened volatility during today’s session.