Global Market Mixed As BOE Hikes Rate In Historic Increase; Oil Prices Slip, Gold Gains

The focus of global markets today will be on how the employment number for the US pans out since that will give some guidance as to how the Fed will be willing to hike rates. Good employment numbers may encourage the Fed to continue to front load the rate hikes. The other eye of investors is on the US and China tensions. On the other side of the Atlantic, the Bank of England hiked rates by 50 basis points for the first time in over quarter of a century. Markets in Europe though were largely unaffected. Commodities are in focus as the dollar slipped slightly. Cryptos continue to be range bound. For India, the focus will largely be on the monetary policy of the RBI.#Sharemarket #Stocks #GlobalmarketRead More