Equity markets rebound and add strength to the US dollar, and other asset classes, including commodities as well where we saw the crude oil prices also taking some support.

There has been a decline in the US inventories which has been supportive. That took the prices on the higher side.

Markets are waiting for the US non-farm payroll data tomorrow, much of the direction would come in from that.

Crude oil prices has to do with the statement coming in from Saudi Arabia and Iran. We may close this week on a very rangebound trend.

It was a safe haven buying for gold and silver prices yesterday.

Swiss franc and the Japanese yen have also declined and some bit of a risk appetite seems to be back in Asia.

First Published:Apr 5, 2018 9:01 AM IST