Asian markets opened mixed in trade. European stocks closed lower. OPEC and its partners have discussed a proposal to cut output by up to 1.4 million barrels per day. U.S. Fed Chairman Jerome Powell expressed confidence in the US economic strength.
Asian markets open mixed in trade. U.S. and China renewed trade talks. European stocks closed higher on US-China trade hopes. Indian markets are set to open with mild weakness due to weak Asia cues. M&M and Grasim will announce their earnings today.
Wall Street ended higher. Rebound from sharp losses last month continued in US markets. Crude declined for a 4th straight session while Indian markets are likely to open higher. Gold rallied as dollar retreated from multi-month highs.