9 Aug 2021 Global Cues Weak On The First Day Of The Week, SGX Nifty Down 25 Points

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SGX NIFTY and DOW FUTURES are trading down about a quarter percent.

Signs are looking weak on the first day of the week. 

SGX NIFTY and DOW FUTURES are trading down about a quarter percent. 

However, on Friday, the DOW closed at record levels. 

Backed by a better-than-expected job report in July. 

Here in Asia, the markets of Japan and Singapore are closed today.


Signals from overseas market

Dow climbed 144 points on Friday and crossed 35200.

At the same time, the S&P 500 has set a new record and the pressure was on the Nasdaq. 

The 10-year US bond yield climbed to 1.30 per cent. 

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About 9.45 lakh new jobs were added in July, while 8.45 lakh new jobs were estimated to be added. 

There has been a big jump in jobs after August 2020. 

The unemployment rate dropped to 5.3% in July. 

Gold has slipped on the strength of jobs data and dollar. 

Gold on Comex is trading down 2.5% near $ 1725. Brent crude has fallen near $ 69 due to demand concerns. 

Markets in Japan and Singapore are closed today.

Asian Market

Here today mixed business is being seen in Asian markets. 

SGX NIFTY is trading down 25 points. . 

Here in Asia, the markets of Japan and Singapore are closed today. 

At the same time, the Taiwanese market is trading at a level of 17,457.79 with a slight decline of 0.39 percent. 

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Whereas Hang Seng is seen with an increase of 0.65 percent at the level of 26,348.59. 

At the same time, a slight increase of 0.08 percent is seen in Kospi. 

Shanghai Composite is showing a strength of 0.28 per cent.

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