Indian equities experienced their steepest weekly loss in over a year, with the Nifty and Sensex falling significantly due to escalating West Asian conflict fears. Persistent foreign outflows and rising oil prices further pressured sentiment, causing the rupee to hit a record low despite central bank intervention. Analysts anticipate continued weakness unless a ceasefire is reached.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
US retail sales declined by 0.2 percent in January, according to delayed government data released on Friday, missing some analysts’ expectations amid persistent concerns that consumption in the world’s biggest economy is slowing.Read More
Oil prices jumped further on Friday after US President Donald Trump said only “unconditional surrender” of Iran will end the Middle East war, as fresh strikes hit the Islamic republic.Read More
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