Markets Searching For Recovery After Largely Negative Week, Dollar Index Sharply In Focus

Global markets are in search of a recovery after choppy returns over the last week or so. US indices were largely flat but closed with a positive bias. Post market, Meta, Facebook’s parent, disclosed its quarterly result which is better than expected which has led US Futures higher in early trade this Thursday morning. European markets also closed higher. Asia too, has opened largely in the green on the back of a positive handover. The SGX Nifty is trading with a positive bias as well. Currencies are in focus as the dollar index saw strong gains and is now beyond the 103 mark.Read More