market outlook
| March 31, 2024, 9:15 a.m.
RBI's Monetary Policy Decision and Global Trends to Influence Investor Sentiment
The upcoming Reserve Bank of India's (RBI) interest rate decision, along with macroeconomic data and global trends, will shape investor sentiment in the week ahead. Markets are hopeful of continuing the positive momentum after a strong finish to FY24. Factors such as the RBI's Monetary Policy Committee meeting, auto sales data, rupee-dollar trends, crude oil prices, and foreign investment activity will be closely monitored. Additionally, US economic data and Federal Reserve Chairman Jerome Powell's speech will impact market sentiment. Despite anticipated volatility, market outlook remains positive, driven by domestic and global economic indicators.
Read More.Crude Oil in Hands
| Feb. 7, 2024, 6:03 a.m.
Crude Oil Futures Rise Amid Steady US Production Expectations
Crude oil futures experienced an upward trend as the United States anticipates stable crude oil production throughout the year. Prices for April Brent oil futures and March crude oil futures on WTI (West Texas Intermediate) saw modest gains, reflecting market sentiments amidst forecasts of consistent output from the US. The Energy Information Administration (EIA) reported record high production levels in December, but disruptions due to inclement weather led to a temporary decline in January. However, production is expected to rebound close to previous highs in the coming months, influencing market dynamics.
Read More.Stories
Latest News