Oil prices surged over $1 per barrel as the U.S. imposed sanctions on Russian oil giants Rosneft and Lukoil, citing their funding of the Ukraine war. This action follows similar measures by Britain and a new EU sanctions package banning Russian LNG imports.Read More
Wall Street dipped as mixed earnings, notably Netflix’s miss, and potential U.S. export curbs on China-bound tech goods soured investor mood. Tech and communication stocks led the decline. Despite some disappointing corporate results, overall earnings season remains strong, with many companies exceeding expectations, though those faltering face investor impatience.Read More
Tata Motors is set for a busy trading day after announcing a significant festive season sales surge. The company delivered over 1 lakh vehicles between Navratri and Diwali, a 33% year-on-year increase, driven by strong demand for its SUV range and electric vehicles. This performance sets a positive tone for the remainder of the fiscal...Read More
Gold prices dipped slightly on Thursday as a stronger dollar and anticipation of key U.S. inflation data influenced investor sentiment. Markets are closely watching the upcoming CPI report for clues on the Federal Reserve’s interest rate trajectory, with a rate cut largely expected next week.Read More
The dollar is trading higher against major currencies. Traders are awaiting U.S. consumer inflation data. Tariff threats between Washington and Beijing are also being considered. The yen has weakened due to expectations of a stimulus package from Japan’s new Prime Minister. Sterling is under pressure after British inflation data remained steady. Markets are anticipating interest...Read More
Indian government bonds are poised for a slight increase, mirroring a rally in U.S. Treasuries amid a lack of new domestic debt issuance. Traders anticipate the benchmark 10-year yield to trade between 6.48% and 6.52%. Meanwhile, global economic flux presents challenges, though India’s economy shows resilience, with the RBI raising its growth forecast.Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.
