Saudi Arabia has indicated to western allies that it is prepared to raise oil production should Russia’s output fall substantially due to the energy sanctions against Moscow, the Financial Times (FT) reports, citing five people familiar with the discussions.
Sensex, Nifty Set To Fall; RIL, Auto Stocks, Vedanta, Bata India, IndusInd Bank In Focus
Stocks in Asia fell on Thursday amid efforts to rein in inflation even as JPMorgan Chase & Co.’s Jamie Dimon sounded alarm bells on the economy.
Crude Oil Forecast: Crude Oil Downside Target 8800——8500 (Sell on Rise)
WTI Crude Oil Forecast: Considering preliminary readings from CME Group for crude oil futures markets, traders increased their open interest positions for the fourth consecutive session on Tuesday, this time by around 20.3K contracts. Volume followed suit and went up by around 481.3K contracts, the largest single-day build since March 31.
Stock Recommendations For Today [01-06-2022]
Stocks in Asia rose on Wednesday. U.S. futures advanced, while bond yields gained amid concerns over aggressive monetary tightening.
Yellow Metal Price Forecast: Gold Intraday Technical Outlook – Neal Bhai
Yellow Metal Price Forecast, Gold Intraday Technical Outlook: The yellow metal (Gold) attracted some dip-buying near the $1,842 region on Tuesday. The overnight optimism led by the easing of COVID-19 lockdowns in China turned out to be short-lived amid doubts if central banks can hike interest rates to curb inflation without impacting economic growth.