Global Markets Steady: Japan and Asian Markets Range-bound, European Markets Perform Well

Stable signals from global markets, US and UK markets were closed yesterday. Scope trading in markets in Japan and the rest of Asia. Good business in Europe. ECB preparing to cut interest rates. 2 members of ECB indicated to cut rates. Reduction in interest rates possible in next week's ECB policy, possibility of 0.25% cut in interest rates. Personal consumption figures will be in focus this week in the US. Consumer confidence figures will come today. Range trade in crude oil, keeping an eye on Sunday's OPEC+ meeting. Strong action in gold and silver.

Updated on: May 28, 2024, 09.18 AM IST
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