US Fed rate cut: The outcome of the September policy meeting of the Federal Open Market Committee (FOMC) could be the most significant catalyst for global markets—or perhaps not. Although no one knows what the US Federal Reserve will decide about policy rates on September 17-18, there is still prevailing certainty that the rates will … Read more
The highly-anticipated Union Budget week is finally here! The Indian stock market’s spectacular bull run ahead of the Budget session proved that investor sentiments are firm driven by hopes of policy announcements, domestic cyclicals, and growth-oriented sectors from the upcoming Union Budget 2024. In the fourth week of July, investors will keenly eye any Union … Read more
Crude oil prices extended gains on Thursday, July 11, keeping the Brent crude benchmark above the $85 per barrel-mark, after Wall Street experts lifted bets on interest rate cuts by the US Federal Reserve. This came after US government data showed an unexpected slowdown in consumer price-based (CPI) inflation. Brent crude futures were up 23 … Read more
Indian stock market opened July on a spectacular note and achieved its longest winning streak since December 2023 amid the relentless bullish rally powered by the return of foreign funds and investor sentiments stabilising over Modi 3.0 coming to power. Bulls seem to have tightened their grip on Indian markets ahead of Union Budget 2024, … Read more
Brent crude futures fell by $1.21, or 1.45 per cent, to $82.50 per barrel. US West Texas Intermediate crude (WTI) futures for June, slipped by $1.26, or 1.58 per cent, to $78.54. The more active July contract lost $1.09, or 1.37 per cent, to $78.21. The structure of the Brent contract is weakening in an … Read more
Oil prices extended gains on Thursday, May 16, over a stabilizing US job market and slower-than-expected inflation data, which increased expectations that the US Federal Reserve would begin to cut interest rates this year. The US consumer price index (CPI) rose 0.3 per cent sequentially, according to data released by the Labor Department’s Bureau of … Read more
Gold Prices Today: Gold prices extended gains on Wednesday, March 27, as investors awaited US inflation data that will throw further light on the US Federal Reserve’s policy path after the central bank kept interest rates unchanged for the fifth straight meeting this month. According to commodity market experts, gold prices have retraced from recent … Read more