GLOBAL EQUITY MARKET OF 3rd DEC 2020

Asian Market traded higher on Thursday, helped by progress toward rolling out coronavirus vaccines and talk of reaching a compromise on new help for the U.S. economy.

In Asia, SGX Nifty jumped 0.09% to 13,215.00, Nikkei just Run 8.39 points, Straits times rose 0.41% whereas Taiwan Weighted plunged 0.09% and Shanghai Composite fell 0.21%.The Other Indexes like Hang Seng, Kospi, Set Composite, Jakarta Composite were traded Positively.

European stocks were steady on Thursday after a record finish in the U.S., as traders balanced optimism over stimulus talks with worries over the worsening coronavirus situation and trade uncertainty.

In Europe, FTSE rose 2.85 points whereas CAC and DAX traded lower ,fell by 0.23%, 0.30% respectively.

U.S. equities are overbought and at risk of a correction after their recent surge on Wednesday.

In US, Nasdaq fell 0.05% at 12,349.37.