Asian markets traded higher, while US stock market indices ended overnight with minor gains as Treasury yields dropped. On Thursday, the Indian stock market indices extended the rally with the Sensex crossing above 79,000 level and the Nifty 50 surpassing 24,000-mark for the first time. The Sensex jumped 568.93 points, […]
oil prices
Oil prices rose slightly as expectations of robust summer fuel demand and escalating geopolitical tensions offset the impact of a stronger dollar, on Monday. Brent futures for August delivery increased by 53 cents to reach $85.77 per barrel, marking a 0.6% gain, as of 11:38 a.m. EST (1538 GMT). Meanwhile, […]
Asian markets traded mostly lower, while the US stock market ended mixed overnight as investors evaluated recent economic data and commentary from Federal Reserve officials to determine the timing of interest-rate cuts this year. On Thursday, the Indian stock market ended higher amid volatility. The Sensex gained 141.34 points, or […]
Indian stock market: The domestic equity market is expected to open flat Thursday tracking mixed cues from Asian peers. Asian markets traded mixed while the US stock market was closed for the Juneteenth holiday. Market participants watch out for China’s one- and five-year loan prime rate fixing today. It is […]
Oil prices reached seven-week highs on Wednesday, driven by optimism about summer demand and concerns over escalating conflicts, despite an industry report indicating an unexpected rise in U.S. crude inventories. Brent crude futures for August, set to expire on Thursday, increased by 20 cents to $85.53 a barrel by 12:35 […]
Asian markets traded higher, while the US stock market saw a record rally overnight led by gains in technology stocks on Artificial Intelligence (AI) boost. On Friday, the Indian stock market benchmark indices ended higher, with the Nifty 50 hitting record high during the session. The Sensex rose 181.87 points, […]
Asian markets traded mixed, while the US stock market ended mostly higher with the S&P 500 and Nasdaq settling at record closing highs. Markets have dialed back expectations for the Fed’s first rate cut happening in September, now pricing in about a 50% chance, according to the CME’s FedWatch tool, […]
Oil prices surged approximately 2% to reach a one-week peak on Monday, driven by optimism surrounding increased fuel demand anticipated during the summer months, despite the strengthening of the U.S. dollar and expectations that the Federal Reserve (Fed) will maintain higher interest rates for an extended period. Brent futures climbed […]
Investors were rattled after the Bharatiya Janata Party (BJP) failed to cross the halfway mark in the lower house of the Parliament and secure a clear majority. However, the BJP-led National Democratic Alliance (NDA) managed only a slim majority to form the government at the Centre. Asian markets traded mixed, […]
Oil prices dropped by over $2 per barrel on Monday to reach multi-month lows, fueled by investor concerns regarding the demand trajectory. The complex OPEC+ output decision signaled a willingness among member countries to increase crude exports. On Sunday, OPEC+ extended the majority of its significant oil output reductions until […]