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Global investment bank Morgan Stanley now expects the US Federal Reserve to start cutting interest rates in September. This is a shift from its earlier June projection. Rising oil prices due to Middle East tensions are a key reason. Other major banks like Goldman Sachs and Barclays have also revised their forecasts.Read More

Indian stock markets surged on Friday. The Sensex and Nifty saw substantial gains, reversing yesterday’s losses. Easing oil prices and other factors boosted investor confidence. Several major companies experienced significant upticks. This positive sentiment added considerable value to the overall market capitalization. The market showed broad-based strength across sectors.Read More

Hong Kong’s stock market is experiencing a strong start to 2026. Five new companies launched offerings on Friday, seeking over HK$5.3 billion. This follows a robust January, making it the best start to a year since 2021. Mainland Chinese companies are driving this growth, positioning Hong Kong as a top listing venue. Recent proposals aim to further boost share sales.Read More

Global markets tumbled Thursday as soaring oil prices fueled inflation fears, dimming hopes for interest rate cuts. Federal Reserve Chair Jerome Powell’s cautious outlook, coupled with central bank holds from the Bank of England and ECB, underscored economic uncertainty. Tech giants like Micron and Tesla saw significant drops, impacting major indices.Read More

Oil prices dropped Friday. European nations and Japan will help secure passage through the Strait of Hormuz. The U.S. plans to increase oil supply. Sanctions on Iranian oil may be lifted. The U.S. Strategic Petroleum Reserve could see further releases. North Dakota crude output is expected to rise. This comes after Iran attacked Gulf oil facilities.Read More