US equity-index futures slipped 0.2% after the S&P 500 Index trimmed most of an advance that earlier approached 1%. Contracts for Australia, Japan and Hong Kong pointed to a loss. The dollar was steady in early trading Friday after a gauge of the currency’s strength weakened 0.4%.
Markets overlooking macro stress, says Kunal Vora amid oil and currency shock
Despite a calm surface, Indian equity markets face mounting macroeconomic pressures from rising crude oil prices and a weakening rupee. Experts warn that current market