US equity-index futures are up as investors digest the Federal Reserve s interest rate cut, despite lingering uncertainty about future policy. While the Fed delivered the expected cut, officials emphasized a meeting-by-meeting approach. The market anticipates further rate cuts this year, fueling continued interest in tech and AI stocks, even near record highs.

Oil prices saw minimal change after the US Federal Reserve s interest rate cut. Further rate cuts are expected, potentially boosting oil demand. US crude stockpiles decreased, but distillate stockpiles increased, raising demand concerns. Global oil demand has shown a slight year-over-year increase. Flight volumes are easing in some regions, while growing in others, according to JP Morgan.

The U.S. dollar experienced volatility following the Federal Reserve s rate cut and cautious outlook, initially plummeting before rebounding. The Fed s decision, characterized as risk management, led to uncertainty about future rate adjustments. Meanwhile, the Bank of England is expected to hold rates steady, while the Bank of Japan is anticipated to maintain its current policy.

Gold prices declined following a U.S. Federal Reserve rate cut, influenced by a stronger dollar and cautious signals regarding future policy easing. Despite hitting a record high, spot gold experienced a dip, while U.S. gold futures also slipped. Market sentiment remains mixed, with factors like geopolitical tensions and central bank buying still playing a role.

The Bank of England is likely to reduce the speed of its government bond sales. This decision comes amid bond market volatility. The central bank is expected to maintain its key interest rate. Economists predict a slower pace of quantitative tightening. The move is closely watched by financial markets. Analysts anticipate the Bank of England to hold rates steady.

Indian online used car vendors like CARS24, CarDekho, and Spinny are streamlining operations and divesting from secondary ventures to prepare for potential IPOs aiming to raise over $1 billion.

Federal Reserve Chair Jerome Powell clarified that the central bank s mandate to achieve moderate long-term interest rates is a derivative of its dual goals: stable inflation and maximum employment. While the Fed primarily influences short-term borrowing costs, past actions like quantitative easing have aimed to lower longer-term rates.

Japan s Nikkei soared to a new intraday record, driven by tech stocks, though a stronger yen curbed gains for exporters. The Nikkei 225 climbed 0.3% to 44,938.40, briefly hitting 45,055.99, surpassing the week s earlier record. Resonac Holdings and Screen Holdings led the surge, while Tokyo Electric Power and Tokyo Gas faced declines.

Smartworks has leased 5.57 lakh sq ft of office space at Intellion Park, Navi Mumbai, becoming its largest managed office campus in the city. This expansion boosts Smartworks Mumbai portfolio beyond 10 lakh sq ft, catering to the rising demand for flexible workspaces from corporations.