Oil prices rose on Monday, November 13, after the Organisation of Petroleum Exporting Counties (OPEC) issued a report that countered market concern over waning demand in the United States and China, compounded by mixed signals from the US Federal Reserve. In its monthly report, OPEC said that oil market fundamentalsRead More →
New Delhi: Global crude oil prices marked a small recovery on Thursday, having slumped in the previous session due to global demand concerns. Around 1pm, the January contract of Brent on the Intercontinental Exchange traded at $80.08 per barrel, up 0.68% from previous close. The December contract of West TexasRead More →
In the week ahead on the Wall Street, the focus of investors will be on the release of a Federal Reserve survey on banking conditions and the US trade deficit data. The Fed Senior Loan Officer Opinion Survey (SLOOS) is to be released on November 6 and the trade deficitRead More →
World markets today: Global stock indices were higher on Tuesday a day before the US Federal Reserve’s monetary policy outcome. The US central bank is expected to keep interest rates unchanged. The MSCI’s gauge of stocks across the globe gained 0.33%. Wall Street The Dow Jones Industrial Average rose 135.04Read More →
World markets today: In the global markets, stock indices in the US and the Europe gained as the sliding oil prices lifted hopes that the US Federal Reserve and the Bank of England will leave interest rates unchanged on Wednesday and Thursday, respectively. This week, investors will also keep aRead More →
In the week ahead on the Wall Street , the major focus of investors will be on the US Federal Reserve as it is set to meet on Wednesday. The central bank is widely expected to keep its interest rates unchanged. Apart from the Fed, investors will also closely watch theRead More →
World markets today: Global stock markets slid on Thursday on mounting worries over escalation in the Israel-Hamas conflict and amid cloudy earnings. The MSCI’s gauge of stocks across the globe shed 0.75%. Wall Street The US stocks fell on Thursday dragged by tech and tech-adjacent shares. The Dow Jones IndustrialRead More →
World markets today: In global markets on Wednesday, the Wall Street fell on higher bond yields and the European equities closed flat on mixed earnings. The MSCI all-world index declined 0.9%, heading for a third straight monthly fall in October. Wall Street The US stocks slipped on Wednesday on surgingRead More →
World markets today: Global stocks rose on Tuesday on positive quarterly earnings, even as investors remained cautioned amid the ongoing war in the Middle East. The MSCI all-world index added 0.6%. In recent weeks, the global bond yields have surged higher because of concerns that the central banks will notRead More →
World markets today: In global markets on Monday, the US stocks closed mixed and the European shares declined amid higher bond yields and the ongoing Middle East conflict. The benchmark US treasury yield pulled back after crossing 5% on Monday. The rise in yields has been driven by a surge inRead More →
