Global Markets:

A stronger US economy is now killing the hopes of a rate cut with chances of inflation remaining intact at higher levels. The latest US jobs report is suggesting that US economy is strong and took both Dow and NASDAQ for a dive.

On the other hand, the major concern for emerging markets is now Crude which is above 81 dollars suddenly as geopolitical tensions are back on the fore. Overall, the mood of global markets is not good and we must be ready for a bumpy ride.

Disclaimer- The levels and views are for educational purpose only, please consult your financial advisor before taking any call.

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