Oil Prcies

Trading activity in the stock market this week will depend on the developments surrounding the Strait of Hormuz, the USIran standoff and crude oil, analysts said. With the quarterly earnings season now over, investors would also monitor the trading activity of foreign investors, experts added. "Developments surrounding the Strait of Hormuz and the trajectory of Brent crude will remain critical market drivers in the near term. With the earnings season behind us, the coming week will be relatively data-light, with investors likely to focus on global monetary policy expectations, crude oil prices and geopolitical developments," Ajit Mishra SVP, Research, Religare Broking Ltd, said. Globally, the FOMC (Federal Open Market Committee) minutes will be closely watched for signals on the Federal Reserve's policy outlook. Any indication of a more hawkish stance could weigh on emerging-market flows and increase volatility in Indian equities, he added. "Investor attention in the coming week i

Asian shares were mixed Monday after the US and Japan confirmed they had acted to prop up the value of the Japanese yen against the US dollar, causing the yen to rise to its highest level since late last year. Oil prices fell sharply after US President Donald Trump said he would order US forces to refrain from attacks against Iran, claiming a deal to end the fighting in the Middle East was close. The dollar fell as low as 155.20 against the yen after Trump and Japanese officials confirmed they had intervened last week to curb the US currency's rise to 40-year highs against the yen. Last week it was trading near 164 yen. A weak yen helps to boost the profits of Japanese companies with big operations overseas, increasing their value in yen terms. It also has drawn foreign tourists who have enjoyed their strong purchasing power in Japan. But a cheap currency also weakens Japan's purchasing power overall, pushing up costs for the imports of oil and other goods needed to run its ...

Developments around the West Asia conflict, crude oil prices and the US Fed interest rate decision would be the key drivers for market movement this week, analysts said. Besides, quarterly earnings would drive sentiments in the market, they added. "Developments surrounding the US-Iran conflict, shipping activity through the Strait of Hormuz, and movements in crude oil prices will remain key drivers of global risk sentiment. In addition, investors will closely monitor the US Federal Reserve's policy meeting, where interest rate guidance and commentary on inflation will be critical for global markets," Ajit Mishra SVP, Research, Religare Broking Ltd, said. On the domestic front, market participants will track June Industrial Production (IIP) data, he added. Major companies reporting earnings this week include Coal India, BEL, Larsen & Toubro, Hindustan Unilever, Adani Enterprises, Asian Paints, Adani Ports, Bajaj Finance, Mahindra & Mahindra, Tata Steel, Maruti Suzuki, ITC, and

Three days of Group of Seven rate decisions, starting with the US Fed, followed by peers at the Bank of England and Bank of Japan, may show vigilance at the prospect of energy-driven inflation

Analysts attributed the sharp outperformance in Adani Total Gas to favourable government policies, strategic price hikes, and improving sentiment around the broader Adani Group

Oil prices slipped to a two-week low on Monday amid optimism over a potential US-Iran agreement

Japan's Nikkei 225 lost 0.6% in morning, erasing initial gains after the government reported that the economy grew for the 2nd straight quarter in Jan-Mar due to better than expected consumer spending

Brent ‌crude futures climbed $1.65, or 1.51 per cent, to $110.91 a barrel by 0703 GMT, but were off the $112 they had touched earlier for their highest since May 5

Aramco said it benefited from higher prices of crude oil, refined fuels and chemical products during the quarter, according to a stock exchange filing

Stock markets are expected to remain sensitive to geopolitical developments this week, with investor attention firmly focused on events surrounding the ongoing USIran situation and crude oil prices, analysts said. Besides, the rupee-dollar trend and trading activity of foreign investors would influence trading in the markets, they noted. "Markets this week are expected to remain highly volatile and largely driven by geopolitical headlines, with investor attention firmly focused on developments surrounding the ongoing USIran situation," Ponmudi R, CEO - Enrich Money, an online trading and wealth tech firm, said. Brent crude oil will remain a critical macro variable for market direction, he said. "A sustained decline in crude prices below the USD 90 mark, or meaningful progress towards de-escalation, could support relief rallies across risk assets. Conversely, prolonged geopolitical uncertainty or renewed tensions may continue to weigh on sentiment and keep volatility elevated," Ponm

Trump said on Tuesday while the operation to reopen the Strait of ‌Hormuz will be paused, the blockade will remain in force

Stock markets would keenly track developments in the US-Iran conflict, crude oil prices and quarterly earnings from corporates for further direction this week, analysts said. Besides, trading activity of foreign investors would also influence trading in the markets, they noted. "Geopolitical developments in the US-Iran conflict will remain a key monitorable, given their direct impact on crude oil prices and global risk sentiment," Ajit Mishra, SVP, Research, Religare Broking Ltd, said. Meanwhile, the ceasefire between the US and Iran is set to expire on April 22. On the domestic front, focus will shift to the ongoing Q4 FY26 earnings season, he said. "Market participants will initially react to results from banking heavyweights such as HDFC Bank and ICICI Bank. Subsequently, several key companies, including HCL Technologies, Infosys, Tech Mahindra, Havells, IndusInd Bank, Shriram Finance, are scheduled to announce their results," Mishra added. The country's largest private-sector

The one-year implied rate on the dollar/rupee forward fell 22 basis points to 3.08 per cent

The war could result in huge geoeconomic shifts. The big immediate winner is Russia, benefitting from higher oil prices and the removal of sanctions

Brent futures fell 90 cents, or 0.8 per cent, to $107.11 per ‌barrel as of 0024 GMT, while US West Texas Intermediate futures lost 83 cents, or 0.88 per cent, to $93.65 per barrel

The US last issued a waiver for the Jones Act in October 2022 for a tanker heading to Puerto Rico to deliver supplies follow Hurricane Fiona

Brent futures extended gains to climb up $8.05, or 8.8 per cent to $100.03 at 10:25 a.m. ET or 1425 GMT, while U.S. West Texas Intermediate crude climbed $8, or 9.2 per cent to $95.25

Oil prices jumped more than 9 per cent to nearly $100 a barrel

The most immediate impact would be on India's current account deficit. This concern has pushed the rupee to a record low and forced the central bank to sell dollars from its reserves

The US will begin releasing the oil next week, although it could take around 120 days to deliver the full quantity