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ENERGY PRICES RISE
ECB raises interest rates as Iran war fuels inflation fearsThe European Central Bank increased interest rates again this year. This action aims to control inflation fueled by energy prices and confl...
Global Market: ECB seen raising rates as Iran war fuels inflation fearsThe European Central Bank is widely expected to raise interest rates to 2.50% on Thursday as soaring energy prices amid the Iran war fuel f...
US Treasury yields hit highest level since 2023 as buyback disappointsU.S. 10-year Treasury yields touched their highest level since November 2023 before easing after strong auction demand. Rising oil prices a...
Ather Energy shares rise 3% as Nomura raises target price; stock up nearly 200% in 1 yearAther Energy shares rose after Nomura raised its target to Rs 1,926, citing faster EV adoption, the Konarc launch and stronger growth prosp...
US stocks today: US stocks retreat as oil crosses $100, yields rise ahead of inflation dataUS stocks fell on Wednesday as Brent crude climbed above $100 a barrel, raising fresh inflation concerns and weighing on investor sentiment...
US stocks today: US stocks slide as oil tops $100, stoking fresh inflation fearsUS stocks slipped as Brent crude climbed above $100 a barrel amid escalating US-Iran tensions and disruptions to oil shipments through the ...
Global Market: European markets fall as Middle East tensions push oil prices higherEuropean markets declined as investors awaited crucial US inflation stats, while escalating Middle East tensions propelled oil prices upwar...
US stocks today: US stocks slip as AI fears weigh on software, while oil and rate bets add pressureUS stocks fell as renewed AI disruption fears hit software shares, while rising oil prices and shifting Federal Reserve rate expectations a...
India faces higher oil import costs as crude prices surge on West Asia supply risksInternational crude prices surged, impacting India's oil import bill and inflation. Escalating West Asia tensions raised concerns about glo...
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....
Global Market: Eurozone bond yields hold near multi-year highs as markets await ECB decisionEurozone bond yields remained near multi-year highs as investors assessed rising energy costs, German political uncertainty and Japan’s mar...
Global Market: European shares slip as oil surge fuels inflation fears; Novartis plungesEuropean shares slipped as surging oil prices raised inflation concerns amid escalating Middle East tensions and threats to Gulf energy inf...
Global Market: Goldman lifts brent, WTI forecasts as Hormuz shipping risks mountGoldman Sachs has raised its Brent and WTI crude price forecasts by $5 a barrel for December 2026 and 2027, citing prolonged Middle East sh...
Rupee ends flat, hemmed in by RBI intervention, oil pangsThe Indian rupee remained steady on Monday, supported by central bank intervention. Rising oil prices and concerns over energy flows also i...
ECB rate decision: Five key questions for markets as energy prices fuel inflation fearsThe European Central Bank is widely expected to raise its deposit rate by 25 basis points to 2.5% on Thursday as surging energy prices push...
Israel cuts fuel tax as US-Iran conflict pushes up gasoline pricesIsrael's finance minister ordered a fuel excise tax cut for two months. This action addresses the recent surge in gasoline prices across th...
US Market: J.P. Morgan, BNP Paribas expect ECB rate hike in December as inflation risks persistJ.P. Morgan and BNP Paribas now expect the European Central Bank to deliver another 25-basis-point rate hike in December, reversing their e...