Asian Markets Traded Mixed, While Us Stock Futures Jumped on Easing Trade Tensions Between the European Union and the us.
On Monday, The Indian Stock Market Ended Higher, Extended the Rally for the second conscuished session.
The sensex gained 455.37 points, or 0.56%, to close at 82,176.45, while the nifty 50 settled 148.00 points, or 0.60%, higher at 25,001.15.
“The Dollar Index has been falling for three cultural sessions, Trading Near Its One-Month Low Levels which would increments foreign Capital Inflow in EmerGing Markets LIKE ANDPECE Indian rights to continue its gradual up -move on the back of strong domestic macros and supportic global market trends, “Said Siddhartha Khemka, Head – Research, Research, Wealth Maanagement, Motilal Maanagement, Motilal Maanage Financial Services Ltd.
Here are key global market cues for senses today:
Asian markets
Asian Markets Traded Mixed on Tuesday Amid Cutiousness Over Us President Donald Trump’s Tarifs plans. Japan’s Nikkei 225 Fell 0.15%, While The Topix Index was flat. South Korea’s KOSPI Declined 0.15%, and the Kosdaq was flat. Hong Kong’s Hang Seng Index Futures Indicated a Flat Opening.
Gift nifty today
Gift nifty was trading Around 25,040 Level, A Premium of Nearly 5 Points from the Nifty Futures’ Previous Close, Indicating a Flat Start for the Indian Stock Market INDICES.
Wall Street
Us stock market was closed on Monday for the Memorial Day Holiday. Us stock futures traded higher as investors welcomed trump’s postponement of tarifs on important from the European Union.
Dow Jones Industrial Average Futures Gained 407 Points, OR 1%, While S & P 500 Futures Rallied 1.1%. Nasdaq 100 futures surged 1.3%.
Dollar
The us dollar declined as Concerns over the us debt profile continued to undermine sentiment towards us assets. The dollar index, which tracks the greenback against other Major Trading Partners, Slid 0.1%, Down for a third-straight session. The dollar dropped 0.3% to 142.35 yen, while the euro was up 0.1% to $ 1.1399, Trading Near The Highest Since April 29. Sterling gained 0.1% to $ 1.3581.
Japan bond yields
Yields on Super-Long Japanese Government Bonds (JGBS) Fell Sharply. The 30-Year JGB Yield Fell 10 Basis Points (BPS) to 2.935%, Its lowest since May 14, While The 40-YAR JGB Yield Lost 10.5 BPS to 3.43%. The 20-Year JGB Yield Declined 7 BPS to 2.435%, Reuters Reported. The 10-Year JGB Yield Fell 2 BPS to 1.485% and the five-year yield was flat at 1.01%.
Japan’s service-sector inflation
Japan’s Service-Sector Inflation Hit 3.1% in April. The April Year-On-Year Gain in the Services Producer Price Index, which measures the price companies Charge Each Each Other For Services, Followed A Revised 3.3% Increase in March.
Gold Prisis
Gold pris traced Higher, supported by a weaker dollar and concerns over the us fiscal outlook. Spot Gold Price Rose 0.1% to $ 3,344.36 An Once, while Us Gold Futures Fell 0.6% to $ 3,344.60.
Crude Oil Pries
Crude oil prices were steady amid Easing Trade Tensions Brent Crude Oil Fell 0.06% to $ 64.78 a Barrel, While The US West Texas Intermediate (WTI) Crude Futures Eased 0.02% to $ 61.54.
(With inputs from reuters)
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