First Tick: Top global cues to watch in today’s trade
Global markets opened the day on a cautious yet optimistic note as investors tracked major economic cues and overnight trends from the US and Asia. Wall Street ended mixed due to fluctuating expectations around interest rate cuts, while Treasury yields saw minor shifts ahead of upcoming economic data releases. Asian markets showed a steady start, supported by positive corporate earnings and hopes of policy support in key economies. Meanwhile, European futures indicated a subdued opening as traders weighed geopolitical uncertainties and central bank commentary. Commodity markets also remained in focus with crude oil prices edging slightly higher on supply concerns. Currency markets witnessed mild movement, with the dollar holding firm against most major peers. These global signals collectively set the tone for domestic trading, with investors expected to stay alert to global inflation indicators, rate expectations, and risk sentiment. Overall, markets may see a range-bound but reactive session influenced by international trends.
The Key points
- Wall Street ended mixed amid uncertainty over interest rate cuts.
- US Treasury yields moved slightly ahead of key economic data.
- Asian markets opened steady with support from corporate earnings.
- Investors expect possible policy support in major Asian economies.
- European futures signaled a cautious start to the session.
- Crude oil prices rose mildly due to supply-related concerns.
- Global currency markets saw limited movement, with dollar strength intact.
- Traders tracked geopolitical news affecting market stability.
- Inflation expectations remain a key driver of global sentiment.
- Domestic markets likely to be guided by overnight global trends.
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