North India Statesman
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Global Market: There are mixed signs for Indian markets. FIIs are selling in both cash and futures. Gift Nifty is trading with a slight decline. After the announcement of the new Prime Minister, Nikkei of Japan rose 4%. On Friday, Dow Jones rose 250 points, although Nasdac and S&P 500 remained stable.
US market status
The markets were mixed on Friday. The Dow Jones Industrial Index closed up about 250 points. The S&P 500 index closed with a slight increase. Nasdac closed with a decline. The lead in the last hour increased the pressure. The decline in the paller, Tesla and Nvidia further increased the pressure.
Trump government crisis!
Federal employees raised their voice in the court. The Trump administration appealed to prevent large -scale pruning. Today the US Senate will vote again. The White House did not rule out the possibility of trimmed. Morgan Stanley said the shutdown could last for 10-29 days.
Currency
On Monday, the Japanese yen fell 1.45% to 149.59 per dollar. Meanwhile, the return on 30-year government bonds increased by 10 basis points to 3.263% and a return to 20-year bonds to 2.674%. However, the reward on the 10-year bond remained almost stable.
Will the war end?
Israel and Hamas have agreed to start negotiations from today. Egypt is playing the role of a mediator in this conversation. Steve Witchoff and Jered Kushner are visiting Egypt. Steve Witchoff is a special messenger of the US government, while Zered Kushner is the son -in -law of US President Trump. Hamas has offered to release the hostages. Marco Rubio said that the release and exchange of hostages would be the first step. Gaza’s reconstruction will be a difficult task. It is difficult to decide who will rule there.
Crude oil bounce
OPEC+ has also announced to increase production in November. Prices were supported due to less expected increase. Brent once again crossed $ 65. OPEC+ Countries will increase production by 1.37 lakh barrels per day in November. OPEC+ countries will meet on 2 November.
Where will you see this week?
This week, ten fed officers will give a speech. Details of the Fed meeting will be released on Wednesday. Companies will declare quarterly results on Thursday.
Asian market
Mixed business is being seen in Asian markets today. The gift Nifty is 11.00 points. At the same time, Nikkei is 4.65 percent to 47,898.00. At the same time, the Straits Times gained 0.07 percent to Hang Seng 0.62 percent to 26,970.00. The markets of China and South Korea remained closed due to holidays.
