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OIL PRICE IMPACT INFLATION
Fed's Waller says higher rates possibly needed in 'near term'Federal Reserve Governor Christopher Waller signalled that interest rates may need to rise in the near term if inflation remains elevated. ...
India's June retail inflation quickens to 4.38%, crosses RBI's 4% target after 17 monthsIndia's retail inflation reached 4.38 percent in June, exceeding the central bank's target. Elevated food and fuel prices contributed to th...
Oil pangs resurface for rupee, options market gauge signals bearish biasOn Monday, the Indian rupee fell to its lowest level in over a month, driven down by rising oil prices amid escalating tensions between the...
Rupee hits one-month low as renewed Mideast conflict lifts oil pricesThe Indian rupee reached its weakest point in over a month on Monday. Renewed Middle East hostilities and Iran's Strait of Hormuz claim sen...
Gold slides over 1% as oil surges on Strait of Hormuz closure fearsGold prices declined over one percent in early Asian trade Monday. Oil prices jumped sharply, increasing inflation concerns and interest ra...
Fed officials divided on US inflation views; US home prices hit all-time highThe International Monetary Fund predicts a modest global economic growth of three percent for this year. In the United States, home prices ...
IMF growth downgrade, Fed split and oil fears dominate week in global economyThe International Monetary Fund forecasts a sluggish global economic growth of three percent this year. US home prices have reached an all-...
Could oil prices spike further? Inside the fragile US-Iran stance in the GulfGeopolitical tensions in the Middle East have escalated after attacks on commercial vessels. Iran's objective appears to be expanding its s...
Wall Street Week Ahead: Investors to grapple with packed week of earnings, CPI, Iran headlinesUpcoming economic data and corporate earnings will test the resilient U.S. stock market. Major banks begin second-quarter earnings season, ...
Rupee slips on week as Iran flare-up spurs caution, merchant hedgingThe Indian rupee ended nearly unchanged on Friday, but the week closed on a weaker note. Investor caution grew amid renewed hostilities in ...
Japan's wholesale inflation spikes as fuel costs, weak yen biteJapan's wholesale inflation surged at its fastest pace in over three years. This acceleration was driven by rising fuel and metal prices, a...
Global Market: Geopolitical risks return to centre stage for ECB as inflation fears resurfaceFresh US-Iran hostilities have pushed the European Central Bank back to its inflation fight. Rising energy prices now threaten to reignite ...
Global Market: Japan wholesale inflation hits over three-year high, reinforcing BOJ rate hike expectationsJapan's wholesale inflation accelerated to its fastest pace in more than three years in June as companies passed on higher input costs driv...
Oil edges lower, but heads for weekly gain as Middle East supply risks persistOil prices saw a slight dip Friday but are set for weekly gains. US and Iran exchanged strikes, escalating regional tensions and impacting ...
ADB cuts India FY27 growth forecast to 6.6% on higher oil pricesThe Asian Development Bank has lowered India's FY27 growth forecast to 6.6 percent. Higher crude oil prices and transportation costs will i...
Global Market: Japan's 10-year bond yield hits 30-year high as inflation, fiscal concerns weighJapan's benchmark 10-year government bond yield reached its highest level in nearly three decades. This surge occurred as oil prices climbe...
ADB cuts India FY27 growth forecast to 6.6% on higher energy costsThe Asian Development Bank has lowered India's FY27 growth forecast to 6.6 percent. Higher oil prices and transportation costs are impactin...
ADB cuts India's FY27 GDP growth aim to 6.6% on higher energy pricesThe Asian Development Bank has lowered India's FY27 GDP growth forecast to 6.6 percent. Elevated energy prices are impacting household purc...
Pidilite sees stable demand in FY27, raises concerns over higher input costsPidilite Industries expects stable domestic demand in FY27, supported by government policies and infrastructure investment. However, rising...
Prolonged US-Iran tensions may push India's crude basket above $75/bbl, raise inflation risks: ExpertsMarket experts warn a prolonged US-Iran standoff could increase India's crude oil import costs. Diversified sourcing is expected to cushion...