Morning Market Wrap Global Trends & Asian Indices Update

U.S. markets closed mixed overnight, with the S&P 500, Nasdaq and Dow Jones moving -0.45%, -0.01%, and +0.64% respectively. Investors reacted to key economic data, while comments from Fed officials on interest rate trajectories also remained in focus.

Asian markets opened mixed, with Japan, Australia, tracking overnight developments. Nikkei 225 gained +0.28% to 64,105.00, Shanghai Composite rose +0.33% to 3,878.60, Kospi advanced +0.40% to 6,744.97, Hang Seng edged up -1.45% to 24,355, and S&P/ASX 200 gained +0.26% to 8,694.90. Japan reported trade balance data, while Australia released employment figures and markets reacted to RBA policy statements.

Crude oil is trading around $105 per barrel with WTI at $102.22, while gold is near $4,306 and silver around $63.84, Commodity prices are being influenced by geopolitical developments, dollar moves, and supply-demand concerns.

The U.S. 10-year Treasury yield is at 4.99%, while the 2-year yield stands at 4.72%. The DXY is trading near 100.30, with EUR/USD at 1.1463, GBP/USD at 1.33 and AUD/USD at 0.70.

GIFT Nifty is trading around 23,215, indicating a negative opening for Indian equities compared with the previous Nifty close of 23,140.

USD/INR NDF level is near 96.13.