Global markets opened subdued as investors adopted a cautious stance. US equity futures edged lower, mirroring a lackluster Wall Street session. Investors are keenly awaiting economic data and Federal Reserve policy signals. The yen weakened against the dollar, prompting warnings from Japanese authorities. Oil prices extended their decline. Attention is also on the US government shutdown’s resolution.
Wait for dust to settle before taking fresh bets, says Maulik Patel
Geopolitical tensions and market swings prompt caution for investors. Maulik Patel of Equirus Securities advises patience, suggesting a wait-and-watch approach. He notes current crises differ