Oil extends gains after US inflation data pushes Wall Street to lift Fed rate cut bets; Brent stays above $85/bbl

Oil extends gains after US inflation data pushes Wall Street to lift Fed rate cut bets; Brent stays above /bbl

Crude oil prices extended gains on Thursday, July 11, keeping the Brent crude benchmark above the $85 per barrel-mark, after Wall Street experts lifted bets on interest rate cuts by the US Federal Reserve. This came after US government data showed an unexpected slowdown in consumer price-based (CPI) inflation. Brent crude futures were up 23 …

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Week Ahead: Inflation data, Q1FY25 Results, Budget updates, global cues among key market triggers this week

Week Ahead: Inflation data, Q1FY25 Results, Budget updates, global cues among key market triggers this week

Indian stock market opened July on a spectacular note and achieved its longest winning streak since December 2023 amid the relentless bullish rally powered by the return of foreign funds and investor sentiments stabilising over Modi 3.0 coming to power. Bulls seem to have tightened their grip on Indian markets ahead of Union Budget 2024, …

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Week Ahead: Inflation data, US Fed policy, global cues among key market triggers as Nifty 50 eyes 23,500 this week

Week Ahead: Inflation data, US Fed policy, global cues among key market triggers as Nifty 50 eyes 23,500 this week

Indian stock markets witnessed a roller coaster ride with the onset of June 2024 as frontline indices swung sharply in both directions due to the exit polls predictions and the surprise outcome of the Lok Sabha election results 2024. Domestic equity benchmarks recorded the biggest weekly gain of 2024 after a volatile week. The indices …

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RBI Monetary Policy June 2024 Highlights: RBI holds repo rate at 6.50%; forecasts 7.2% GDP growth for FY25

RBI Monetary Policy June 2024 Highlights: RBI holds repo rate at 6.50%; forecasts 7.2% GDP growth for FY25

Aspirational Goals for RBI@100 in a Multi-Year Time Frame: 1. Monetary Policy and Liquidity Management  Positioning the Reserve Bank as Leader of the Global South  Review of Monetary Policy Framework to address:  Balancing price stability and economic growth from an Emerging Market Economy (EME) perspective;  Refinements in monetary policy communication; and …

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RBI Monetary Policy 2024 Live: RBI holds repo rate at 6.50%; forecasts 7.2% GDP growth for FY25

RBI Monetary Policy June 2024 Highlights: RBI holds repo rate at 6.50%; forecasts 7.2% GDP growth for FY25

Aspirational Goals for RBI@100 in a Multi-Year Time Frame: 1. Monetary Policy and Liquidity Management  Positioning the Reserve Bank as Leader of the Global South  Review of Monetary Policy Framework to address:  Balancing price stability and economic growth from an Emerging Market Economy (EME) perspective;  Refinements in monetary policy communication; and …

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Indian stock market: 9 key things that changed for market overnight – Gift Nifty, US GDP, jobless claims to China PMI

Indian stock market: 9 key things that changed for market overnight – Gift Nifty, US GDP, jobless claims to China PMI

Indian stock market: The domestic benchmark equity indices, Senex and Nifty, are expected to open higher on Friday tracking mixed global market cues and trends on Gift Nifty. Asian markets traded higher, while the US stock indices ended lower overnight weighed down by selling in technology stocks. Investors digested data on US GDP, showing the …

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