US OIL DEMAND
Fed meeting outcome among 6 factors likely to impact D-Street activity this week
Markets faced sustained pressure throughout the week, slipping by over a percent amid escalating geopolitical tensions and uncertain global signals. After a tepid start, benchmark indices steadily moved lower as volatility picked up, eventually closing near their weekly lows.
Charting the global economy: Israeli airstrikes boost oil prices
Following Israeli airstrikes on Iranian nuclear facilities, crude oil prices surged, and investors sought refuge in gold. US economic data indicated a slower-than-expected rise in underlying inflation, potentially pressuring the Federal Reserve to consider lowering interest rates. Meanwhile, the UK economy contracted due to tax increases and US tariffs, while Chinese exports to the US experienced a significant decline.
Conflict swells, Israel attacks Iran's South Pars gas field
Tensions escalate as Iran and Israel exchange missile strikes and airstrikes, following Israel's offensive targeting Iranian commanders, scientists, and nuclear sites. Israel warns of further strikes on Tehran if missile attacks persist, while Iran cautions against a dangerous cycle of violence.
Oil prices on the boil after Israel’s strike on Iran’s nuclear facility. What's next?
Global crude oil markets face uncertainty in mid-2025. Israel's airstrikes on Iran's nuclear facilities caused Brent crude prices to surge. Concerns about supply disruptions from the Persian Gulf and potential Iranian retaliation through the Strait of Hormuz loom large. Despite OPEC+ production cuts, increased output from other nations and tepid demand growth, particularly in the U.S.
Wall Street ends sharply lower as Iran retaliates against Israel attack
Explosions were heard and seen over Tel Aviv and Jerusalem as sirens sounded across Israel following what the country's military spokesman said was the firing of missiles from Iran. That came after Israel struck nuclear facilities and missile factories in Iran, escalating tensions in the Middle East and undermining global investor confidence. Oil prices surged nearly 7% on fears the conflict could disrupt crude supply from the Middle East. U.S. energy stocks rose in tandem, with Exxon up 2.2% and Diamondback Energy rallying 3.7%.
No major economic impact of Iran-Israel conflict, but vigil up: India official
The Israel-Iran conflict's economic impact on India is under watch. Officials believe major impact is unlikely unless the conflict escalates. Short-term volatility in oil prices, capital flows, and shipping is possible. India's strong macroeconomic position should help it weather the crisis. Indian stocks fell, and the rupee depreciated amid investor concerns. Oil prices initially spiked but later stabilized.
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Oil up 8%, but India may not feel much pain
"It is in the interest of the US, Iran, and other West Asian producers to keep oil flowing without disruption," said a refinery executive, speaking on the condition of anonymity. "Producers in the region will not want their trade disrupted, and Trump will be wary of global supply shocks that could push up US pump prices."
Rs 1 lakh gold, $78 oil, 1,300 point Sensex crash: Israel's Friday the 13th bombshell
Israel's missile strike on Iran sent shockwaves through global markets, triggering a sharp decline in stock indices and a surge in oil prices. The attack, targeting Iran's nuclear facilities, escalated Middle East tensions, prompting investors to seek safe-haven assets like gold and government bonds. Concerns over supply disruptions and potential retaliation from Iran further fueled market volatility, impacting various sectors.
Iran-Israel Conflict: A Middle East flashpoint that Indian economy can’t ignore
Israel-Iran Conflict: India's economy faces challenges in 2025. The Israel-Iran war has pushed global crude oil prices higher. This threatens the rupee and could raise inflation. India, a major crude oil importer, is highly vulnerable to rising oil prices -- it could widen the current account deficit. The Reserve Bank of India may postpone rate cuts. The government might consider cutting excise duties on fuel.
US stock futures plunge as Israel strikes Iran, Dow falls 400 points, oil prices surge over 8% amid Middle East tensions
US stock futures plunge as Israel strikes Iran, Dow futures fall sharply after Israel strikes Iran, shaking global markets and pushing oil prices up by over 8%. The Dow Jones futures dropped 423 points, while S&P 500 and Nasdaq also fell. Israel’s airstrikes triggered a state of emergency, and although the U.S. denied involvement, tensions spiked. Brent crude and WTI crude prices surged, gold climbed 1%, and defense stocks like Lockheed Martin rose. Meanwhile, tech stocks dropped. President Donald Trump urged Iran to negotiate. As markets react, investors now wait for consumer sentiment data. Rising energy costs could also impact inflation and Fed policy decisions.
How can anyone consider Bitcoin to be a digital version of gold, questions Peter Schiff
As Israel's airstrikes on Iran roiled global markets, gold rallied while Bitcoin plunged below $103,000. Economist Peter Schiff reignited criticism of Bitcoin as a "digital gold," questioning its safe-haven credibility. Crypto assets saw a sharp selloff, even as institutional flows into Bitcoin ETFs like BlackRock’s remained steady.
An overview of Iran's energy industry and infrastructure
Israel launched strikes on Iran targeting nuclear and military sites. Iran's oil facilities reportedly sustained no damage. Iran produces about 3% of global oil. Sanctions have impacted Iran's oil exports, which peaked in the 1970s. China is a major buyer of Iranian oil, despite sanctions. Saudi Arabia and other OPEC members might compensate for any supply drop.
Stocks sell off, oil surges as Israel strikes Iran
Israel reportedly struck Iran, triggering market turmoil amid already heightened tensions over Iran's nuclear program and U.S. efforts to curb it. Oil prices surged, while stocks fell as investors sought safe-haven assets like the yen and U.S. Treasuries. Analysts are closely watching for further escalation and potential impacts on global oil supply.
Rupee ends a tad lower, hurt by corporate dollar bids, outflows
The Indian rupee weakened slightly to 85.60 against the dollar due to corporate demand and potential portfolio outflows, despite a broadly weaker dollar boosting Asian currencies. The rupee underperformed regional peers, weighed down by India's external investment deficit. Equity indexes fell amid U.S.-China trade deal uncertainty and Middle East tensions. Dollar-rupee forward premiums rose as bets on a U.S.
India's May palm oil imports surge 84% m/m to hit six-month high
India's palm oil imports surged to a six-month peak in May, driven by attractive pricing compared to soyoil and sunflower oil, alongside dwindling inventories. This surge propelled overall vegetable oil imports to 1.19 million tons, the highest since December. Anticipated increased palm oil imports in June, potentially reaching 850,000 tons, are expected due to the continued price advantage.
Oil prices tick up on worries of escalating US-Iran tension
Oil prices climbed to a two-month high following President Trump's announcement of U.S. personnel being moved from the Middle East, fueling concerns about potential supply disruptions due to escalating tensions with Iran. The U.S. is also preparing a partial evacuation of its Iraqi embassy amid heightened security risks. Optimism surrounding a U.S.-China trade deal and a larger-than-expected drop in U.S.
GIFT Nifty down 30 points; here's the trading setup for today's session
Indian stock markets closed slightly up on Wednesday. Positive news regarding US-China trade and the India-EU FTA may influence market sentiment. Analysts suggest buying on dips, with support at 24,850. India VIX decreased, indicating reduced market fear. FIIs net sold shares, while DIIs were net buyers. The Rupee strengthened against the US dollar.
US stock futures, dollar dip on tariff threat
Global markets reacted with caution as President Trump hinted at imposing unilateral tariffs within two weeks, reigniting trade tensions. US equity-index futures dipped, and the dollar weakened, while gold saw a surge in demand as a safe haven. Oil prices jumped amid escalating Middle East tensions.
US stock market future today: Dow futures fall 110 points as inflation data and bond auction test Wall Street’s nerves despite US-China trade deal progress
US stock market future live updates show Dow futures falling by 110 points as investors stay cautious ahead of today’s key US inflation data and 10-year bond auction. Despite a major step forward in US-China trade relations, Wall Street futures are in the red. The S&P 500 and Nasdaq showed strength yesterday, lifted by Tesla's recovery. Rising inflation and the bond auction outcome are expected to guide today’s market direction. Investors are also reacting to a court decision to uphold Trump-era tariffs. Crude oil trades around $67, while the US Dollar Index holds near 99. Stay tuned for key updates.
Commodity Radar: Rally accelerates as crude oil prices jump 10% in a month. Know why to hold your horses
Crude oil prices are currently experiencing a surge, fueled by tight supply and positive market sentiment. However, Anand Rathi Shares and Stock Brokers' Naveen Mathur cautions that this upward trend might be short-lived. MCX crude Oil has showcased strong bullish momentum with a significant breakout above the horizontal trend line.
Rupee rises 6 paise to 85.51 against US dollar in early trade
The Indian Rupee appreciated against the US Dollar due to Foreign Institutional Investor inflows and lower crude oil prices. Forex traders predicted a trading range for the rupee. The BSE Sensex and Nifty indices saw gains. US court ruling impacted trade tariff hopes. Brent crude prices experienced a slight decrease. FIIs were net buyers of equities.
Sensex jumps over 100 points, Nifty tops 25,100; auto stocks lead gainers
Stock Market Today: Indian benchmark equity indices saw a slight increase at the opening on Wednesday, mirroring positive trends in Asian markets. This optimism stems from encouraging developments in trade discussions between the US and key partners, including India and China. The Sensex and Nifty50 both experienced marginal gains, influenced by advancements in both international and bilateral trade negotiations.
Oil prices down, markets assess US-China trade talks outcome
Oil prices experienced a slight dip early Wednesday as markets analyzed U.S.-China trade talk outcomes, awaiting President Trump's review. Concerns over weak Chinese oil demand and OPEC+ production increases are weighing on the market. While a trade truce framework offers some support, China's reduced oil imports and OPEC+'s rising output are adding downward pressure. Investors are now awaiting the U.S.
GIFT Nifty up 30 points; here's the trading setup for today's session
Domestic equities remained flat after a four-day rally, with analysts anticipating continued consolidation and a positive bias. The positive sentiment favors long trades above 24,850, potentially reaching 25,350, while India VIX fell. FIIs and DIIs were net buyers, and the rupee strengthened against the US dollar amid strong foreign capital inflows.
Oil inches up, outcome of US-China trade talks awaited
Oil prices saw a slight increase as investors awaited the results of U.S.-China trade discussions, which could potentially reduce trade tensions and boost fuel demand. While Iran plans to present a counter-proposal for a nuclear deal, disagreements with the U.S. persist over uranium enrichment.
GIFT Nifty up 60 points; here's the trading setup for today's session
Domestic markets closed higher, fueled by positive sentiment following the RBI's rate cut and strong global cues, including robust US jobs data and optimism surrounding US-China trade talks. Analysts anticipate a continued upward trend in the market, supported by favorable domestic factors. The rupee strengthened, and both FIIs and DIIs were net buyers.
Oil prices hold gains ahead of US-China trade talks
Oil prices maintained gains as investors awaited U.S.-China trade talks in London. The prospect of a trade deal boosted prices, supported by a U.S. jobs report hinting at a potential Federal Reserve rate cut. Attention now shifts to China's inflation data, crucial for assessing demand in the world's largest crude importer, despite concerns over increased OPEC+ supply.
Crude oil climbs on strong U.S. jobs data and renewed China trade talks
Crude oil prices increased on Friday, marking the first weekly gain in three weeks. This rise followed a positive U.S. jobs report and renewed trade discussions between the U.S. and China. Brent crude futures settled at $66.47 a barrel, while U.S. West Texas Intermediate crude finished at $64.58. OPEC+ agreed to increase output by 411,000 barrels per day in July.
Oil slips on US stockpile build, Saudi Arabia price cuts
Oil prices experienced a dip early Thursday following a build in U.S. gasoline and diesel inventories. Saudi Arabia's decision to cut July crude prices for Asian buyers also contributed to the decline. Brent crude futures fell 0.3% to $64.65 a barrel, while U.S. West Texas Intermediate crude dropped 0.5% to $62.58.
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