Global Market: The gift Nifty saw a decline of more than 200 points between the war between India and Pakistan. Yesterday on the 16th day, FII saw shopping. Business is going on with a strong growth in Asia. Meanwhile, the trade agreement with Britain has led to a huge bounce in the US markets. Nasdaq increased by more than one percent.
US market status
Yesterday the market closed in green mark. The market was under pressure from the highest level of the day. Dow Jones fell down 400 points from the highest level of its day. China’s import and export figures will be released today. The dollar index is above the level of 100.
Agreement between America-Britain
Trump has not written the final details yet. The coming weeks will be very important. America’s 10% baseline tariff will apply to Britain. Britain agreed to reduce the tariff on the US. The tariff will be reduced from 5.1% to 1.8%. This will give additional revenue of $ 6 billion. US exports will increase by $ 5 billion.
Trump appealed
People are advised to buy shares. There may be a decrease in taxes in future. Investors will be optimistic due to tax deduction. The time has come for investors to invest.
American bond status
The 30-year-old bond sales declined. Bond sales fell by $ 25 billion.
Cardinal Robert Francis Prevost was chosen as the new Pope. He is the first American -origin Pope in the history of the Roman Catholic Church. Prevost named the Pope as Leo XIV.
Asian market
Today, mixed business is being seen in Asian markets. The gift Nifty is trading with a gain of 200.50 points. Whereas, Nikkei is seen with a gain of 1.47 per cent to around 37,478.58. Whereas, Straits Times is showing a gain of 0.72 percent. Taiwan’s markets are trading at 20,771.46 with a gain of 1.11 percent. While Hang Seng was seen 0.13 per cent at 22,745.19. Meanwhile, Kospi is trading at 2,576.56 with a decline of 0.11 percent. Meanwhile, Shanghai Composite is trading at 3,336.43 with a decline of 15.57 points or 0.46 percent.
