Brent crude futures rose to ⁠the highest ‌since July 2024 at $87.66 a barrel, recording a 20% weekly rise—the largest since Russia launched its full-scale invasion of Ukraine in February 2022. Qatar’s energy minister Saad al-Kaabi told the Financial Times that global oil prices could surge to as high as $150 a barrel if the...Read More

India’s primary market gears up for a busy week with five IPOs aiming to raise over Rs 6,578 crore, led by Raajmarg Infra Investment Trust’s Rs 6,000 crore offering. Despite the influx, investor sentiment remains cautious due to recent weak listings and muted grey market premiums, signaling a challenging period for new issuances.Read More

A sharp decline in the Sensex over the last five sessions has dragged several large stocks lower. Ten companies from the BSE 200 index recorded losses in each of the past five trading sessions, reflecting broad based market weakness as benchmark indices slipped more than 4% during the period.Read More

Bitcoin’s correlation with equities has climbed to its highest level this year as global volatility returns. The digital asset is increasingly moving in tandem with stocks rather than acting as a hedge, highlighting its growing sensitivity to broader risk sentiment amid geopolitical tensions, weak economic data and continued uncertainty around crypto regulation.Read More

Global businesses face turmoil as the U.S.-Israeli conflict with Iran escalates. Energy prices are surging, impacting supply chains for everything from food to car parts. Critical shipping and air routes through the Middle East are disrupted. Companies are grappling with increased costs and potential inflation.Read More

Middle Eastern heavy crude production cuts, triggered by the Iran conflict and Strait of Hormuz disruptions, are sending U.S. Gulf Coast heavy grades soaring. Mars sour crude hit its highest premium to WTI since April 2020, with Asian buyers scrambling for alternatives. This surge, coupled with seasonal demand increases, is driving prices higher.Read More

America’s job market saw an unexpected decline in February. Nonfarm payrolls dropped, and the unemployment rate climbed to 4.4 percent. This development presents a challenge for the Federal Reserve. Factors like a healthcare worker strike and severe weather impacted job numbers. Economists are watching closely as rising oil prices and trade policy uncertainties add to...Read More

U.S. Treasury Secretary Scott Bessent indicated that more sanctions on Russian oil could be lifted, following a recent 30-day waiver that permits Russian crude stranded at sea to be sold to India. Bessent shared these remarks during an interview with Fox Business network.Read More

A week after a major disruption to global energy markets, oil prices remain below past crisis peaks but are rising fast as the conflict in the Gulf halts ship traffic through the Strait of Hormuz. Brent crude has crossed $90 a barrel, gaining more than 25% this week.Read More

The Reserve Bank of India will purchase bonds worth one lakh crore rupees next week. This move aims to inject funds into the banking system. These purchases will help offset expected outflows from advance tax payments. Banking liquidity is currently robust. However, banks may be hesitant to sell government bonds due to low liquidity coverage...Read More