Money Tree

GLOBAL MARKETS

US Markets

The US markets closed positive on Monday.

Dow Jones closed at 13727.03 up 101.45 points or 0.74 percent.
Nasdaq Composite closed at 2718.95 up 12.79 points or 0.47 percent.

Europian Markets

The Europian markets also closed in the green on Monday.

FTSE (UK) closed at 6565.40 up 10.50 points or 0.16%.
DAX (Germany) closed at 8033.36 up 39.29 points or 0.49%
CAC (France) closed at 5750.92 up 32.17 points or 0.56%.

Asian Markets

The Asian markets closed in the red on Monday.

NIKKEI(JAPAN) closed at 15924.39 down 31.98 points.
HANG SENG (HONG KONG) closed at 28501.1 down 341.37 points.
KOSPI (SOUTH KOREA) closed at 1906.42 down 27.9 points.
STRAITS TIMES (SINGAPORE) closed at 3553.08 down 4.87 points.
Composite Index (CHINA) Closed at 5161.919 up 70.163 points.
SENSEX (INDIA) closed at 19930.68 down 35.32 points.
NIFTY (INDIA) closed at 5960.6 down 13.7 points.

FOREX

USD/ INR 39.40
EUR/ USD 01.47
USD/ JPY 111.735

GOLD

10310/ 10gm

CRUDE

$88.24/Bbl

Today’s Market outlook

The US markets have closed positive yesterday on hopes of another rate cut by the Fed and the Asian markets have also opened firm today morning and we expect a good positive opening for our markets today.