Global Financial Markets are trading weak - ICICI Bank : Treasury Research

The global financial markets are trading weak due to the resurgence of expectations regarding an early tapering of QE program by the US Fed on better than expected durable goods orders, factory orders and vehicles sale prints. The weak China non-manufacturing PMI has also weighed on sentiment.

The market moves though are likely to be limited ahead of the critical US labour markets releases this week and with US Independence Day holiday tomorrow.

Source : Equity Bulls

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