US markets edge higher on strong economic data - Trans Scan Securities

Overnight, US markets edged higher on strong US economic data ahead of Friday's payrolls report while markets continue to deal with the possibility of a U.S.-led strike against Syria.

Major Asian stocks were trading mixed in the wake of dovish comments from the European Central Bank, while a jump in U.S. bond yields underpinned the dollar and kept stocks under pressure.

The Indian markets are likely to open higher tracking positive trend in other Asian markets. Tracking the strong momentum seen in other Asian markets, the index is expected to test its crucial psychological level of 5625-5650 in trade today.

Source : Equity Bulls

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