A Danish pension fund, Akademiker Pension, which manages roughly $25 billion in retirement assets for teachers, announced that it plans to sell all of its U.S. Treasury holdings by the end of January.

Bitcoin is under pressure as global risk appetite weakens, with the cryptocurrency eyeing key support at $84,000 amid macroeconomic and geopolitical headwinds.

Global markets head into the new day with commodity currencies in the lead.

Indian share markets are trading higher with the Sensex trading 733 points higher, and the Nifty is trading 239 points higher.