The Big StoryIndia’s economy narrowly avoided a major shock last week as geopolitical tensions flared in the Middle East. The Iran-Israel conflict threatened to disrupt global oil supplies and escalate military tensions. Instead, the episode became a catalyst for India to accelerate its defense sector ambitions. A ceasefire was reached on Wednesday between Iran and…
Asia-Pacific markets rose on Monday as investors focused on fresh economic data from China and ongoing geopolitical tensions between Israel and Iran. Oil prices surged and gold rallied after the weekend saw continued strikes exchanged between Israel and Iran, escalating concerns over regional stability. The move into safe-haven assets reflected investor caution amid the geopolitical…
The US dollar weakened and Treasury yields fell on Thursday, driven by expectations that interest rate cuts could come sooner than previously expected. The move came after a Wall Street Journal report said President Donald Trump could speed up the announcement of a new Federal Reserve chairman, who could replace Jerome Powell, possibly as early…
India’s equity indices witnessed a sharp decline on Thursday as market volatility surged. The Nifty50 dropped below the 25,000 mark, while the BSE Sensex plunged 700 points, reflecting investor caution amid global uncertainties. Market Performance at a GlanceNifty50: 24,928.15, down 213 points (-0.85%) BSE Sensex: 81,837.38, down 678 points (-0.82%) Key Drivers Behind the DeclineThe…
Asian stock markets opened higher on Tuesday, with Japan’s benchmark Nikkei 225 index surging 5.5%, recovering from a nearly 8% plunge the previous day. The rebound followed a turbulent session in US markets triggered by President Donald Trump’s warning of increased tariffs. Within 30 minutes of opening, the Nikkei 225 had climbed to 32,819.08. Other…
Shares of state-run oil producers ONGC and Oil India nosedived on Monday, April 7, as global crude prices slumped to their lowest levels in four years. The sell-off was driven by Saudi Arabia’s aggressive pricing tactics and escalating trade tensions sparked by Donald Trump’s tariff actions. Brent crude dropped nearly 4% to $63.21 per barrel—its…
LONDON, March 17: Crude oil prices edged higher on Monday following U.S. military action against Yemen’s Houthi rebels and renewed optimism about China’s economic recovery, which could bolster global energy demand. Over the weekend, U.S. President Donald Trump authorized airstrikes targeting the Iran-aligned Houthis in response to their continued attacks on Red Sea shipping. A…
Unpredictable Oil Markets in the Face of Middle East Tensions In the ever-evolving landscape of global geopolitics, the Middle East remains a hotbed of tensions, directly influencing the volatility of oil prices. Let’s delve into the intricate dynamics shaping these uncertainties and their potential ramifications on the global supply chain. The Market Insights by Ravindra…
