The Indian rupee hit a record low of 92.16 against the dollar, mirroring a sharp rise in equity fear gauges. This depreciation was driven by West Asian war disruptions impacting oil and gas supplies, prompting a flight to safe-haven dollar assets. The Reserve Bank of India intervened by selling dollars to slow the rupee’s slide.Read More
Oil prices were up more than one percent in early Asian trade on Thursday off the back of persistent worries about supplies because of the Middle East conflict. But following days of market declines, Asian stocks rose in early trade Thursday.Read More
Asian equities rebounded, tracking US stock gains fueled by positive economic data, despite ongoing Iran war uncertainty. South Korea’s Kospi surged 11%, and the MSCI Asia Pacific Index rose 2.8%. Oil prices continued their ascent for a fifth day, while gold advanced as the dollar weakened.Read More
Indian markets mirrored global trends as US stocks surged on Wednesday. Investor fears eased following reports of Iran’s openness to talks and President Trump’s commitment to stabilize oil markets. Tech shares saw renewed interest, boosting the Nasdaq. The S&P 500 neared its all-time high. Oil prices remained steady. This development offers a glimmer of optimism for investors.Read More
Gold prices surged on Thursday. Escalating Middle East conflict drove investors to safe-haven assets. A softer dollar also boosted bullion prices. The U.S. and Iran are involved in a widening war. This geopolitical tension has sent gold up significantly this year. Investors are now awaiting key U.S. economic data releases.Read More
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