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ENERGY PRICES HIKE DUE TO WAR
Dollar girded by bets on a US hiking cycleOn Wednesday, the dollar maintained its recent strength against leading currencies as traders eagerly awaited the Federal Reserve's anticip...- Global Market Today: Asian stocks steady as traders await Fed decisionMSCI’s Asian equities index advanced 0.1%. Contracts for Wall Street gauges also nudged up in early trading as OpenAI weighed a new funding...
- Iran war cost hits $38 billion, forecast to rise $3 billion a month, CBO saysThe six-month U.S. war against Iran has cost $38 billion through August 1, with expenses projected to rise by $3 billion monthly, the Congr...
- Russia, Ukraine agree to not hit energy targets, says TrumpUkraine and Russia have agreed not to strike each other's energy targets. US President Donald Trump announced this agreement on Monday. He ...
- Global Market | ECB may need more rate hikes as Iran war raises inflation risks: KazaksThe European Central Bank may need to raise interest rates further to contain inflation as higher fuel costs linked to the Iran conflict ri...
- War in the Middle East is making clothes more expensiveThe ongoing conflict in Iran is causing significant disruptions in global apparel supply chains.
- Global Market Today: Asian stocks retreat after AI warnings, oil advancesThe Kospi Index — a key barometer for AI investments — fell over 3% with SK Hynix Inc. and Samsung Electronics Co. among the losers. Semico...
- Charting the global economy: Oil surge fans global inflationIn the US, hotter-than-expected consumer inflation and the biggest monthly increase in producer prices since May bolstered the case for a F...
- Global Market | ECB may need further rate hikes if energy prices stay high: NagelECB policymaker Joachim Nagel said the central bank may need to raise interest rates further if elevated energy prices persist, potentially...
- Global Market: Eurozone bonds slide as energy prices stoke inflation fearsEurozone government bonds are facing their sharpest weekly selloff since the Iran war began as surging energy prices fuel inflation concern...
- Vedanta, Vedanta Aluminium, NALCO, other metal stocks fall up to 5% on Friday. Here’s whyMetal stocks fell as soaring oil prices, rising US bond yields and a stronger dollar weighed on sentiment. Vedanta, Vedanta Aluminium, Hind...
- Gold lingers near one-week low ahead of US CPI dataAs U.S. rate hike expectations firmed up, gold prices remained near a one-week low. The market is gearing up for the pivotal U.S. consumer ...
- Hotter producer prices strengthen bets on a Fed rate hikeUS producer prices rose, increasing rate hike expectations for the Federal Reserve. Traders now price a seventy percent chance of a quarter...
- Ahead of Market: 10 things that will decide stock market action on FridayIndian markets ended higher after Sensex and Nifty reversed losses during the closing auction, snapping a three-session decline. Crude abov...
- US producer inflation tops expectations as diesel costs jumpUS wholesale inflation picked up more than expected in August, government data showed Thursday, driven by higher energy costs in the month ...
- ECB raises interest rates as Iran war fans inflation fearsThe European Central Bank has taken another bold action by raising interest rates for the second occasion within the year. This effort is d...
- US wholesale prices rise in latest sign of stubborn inflation as oil prices continue to climbWholesale inflation increased in August after cooling earlier this summer. Higher oil and gas prices, driven by Middle East conflict, are k...
- Gold little changed with US inflation data in sightGold prices hold their fort as traders keenly anticipate key inflation data that will influence interest rate strategies of the US central ...
- Currency markets subdued as oil shock lifts global yields; ECB, U.S. inflation eyedCurrency markets remained steady as investors assessed rising oil prices and bond yields. The Japanese yen's strong rally paused before key...
- Rupee endures sharpest fall in over a month as Brent oil barrels towards $100The Indian rupee saw its most significant drop since late July on Tuesday, primarily driven by escalating oil prices nearing $100 a barrel....
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