A look at the day ahead in markets from Saikat Chatterjee.
Investors hoping the second half of the year would bring some relief after a bruising six months, may not be feeling very optimistic after the last 24 hours.
Though sliding bond yields offered a boost to U.S. stock markets overnight, futures point to a bleak start. A gauge of European stock market volatility is nearing two-month highs. But markets hoping for a break from the doom loop of falling asset prices forcing traders to cut positions and dragging in momentum-chasing hedge funds may not find any immediate relief.
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