The US stock markets experienced a decline, with commodities such as gold reaching their lowest point in seven months. Meanwhile, the global bond market appears to be gaining popularity, driven by Japan’s benchmark bond yield reaching a 10-year high. In October 2023, the US economic optimism index stands at 36.3, down from September’s 43.2, marking the 26th consecutive month in pessimistic territory. The dollar index is currently above 107. Additionally, crude oil prices are poised for an upward trend, as both Nymex and Brent crude have seen an increase in their prices. Amidst all these negative cues the GIFT Nifty has decreased by 0.5%. (at 6:15 a.m.)