Market Quote : Global markets are currently driven by central bank policies Says Vinod Nair, Geojit Financial Services
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Below is the daily Market Quote 7 February 2023 By Vinod Nair, Head of Research at Geojit Financial Services
"Sentiments in the domestic market were hammered by bears that dominated the US market post the release of strong jobs data. Global markets are currently driven by central bank policies and the surge in bond yields in expectation of more rate actions. A recovery was seen in the second half of the day as US futures inched higher as investors await Powell’s speech."
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