The U.S. Federal Reserve’s recent interest rate cut, signaling further easing due to labor market concerns, has triggered a global monetary policy shift. The dollar is weakening, boosting the euro, yen, and pound. Gold and silver prices have surged to record highs, while base metals show mixed trends. Crude oil prices remain steady amid oversupply concerns.
Ahead of Market: 10 things that will decide stock market action on Monday
Indian equity benchmarks ended the week marginally lower amid sustained FII outflows and US-India trade uncertainty, though sentiment improved after a US Fed rate cut.