Traders are bracing for oil supply disruptions at the Caspian Pipeline Consortium, which has been told by a Russian court to suspend activity for 30 days
West Texas Intermediate, or WTI crude futures slipped below $100 a barrel mark for the first time since May 11 on Tuesday. Is the era of high oil prices getting over, or was that a temporary blip?
Emerging markets suffered a fourth straight month of portfolio outflows in June, notching the longest losing streak in seven years, as recession fears and inflation rattled investors, IIF data said
Tentative calm returned to global markets on Wednesday, with the euro steadying after dropping to a two-decade low and oil back above $100 a barrel
The euro sank on Tuesday to its weakest level against the dollar in almost 20 years while oil futures tumbled and bond prices rose as investors sought safety
That outlook is based on an absence of any intervention by OPEC+ producers and a decline in oil investments
The brokerage expects the euro zone, the UK, Japan, South Korea, Australia and Canada to fall into recession along with the US
US Treasury yields tumbled on market expectations that US consumer prices will come down close to the Federal Reserve's inflation target.
Bankers bullish on local acquisitions by India Inc in rest of FY23
Between central banks digging their heels in to counter inflation and growing fears there is absolutely no path to a soft landing for the global economy, there are few, if any, places to hide
Brent crude futures were down 43 cents, or 0.4%, at $108.60 a barrel by 0653 GMT, giving up earlier gains of more than $1
China's manufacturing activity expanded at its fastest in 13 months in June, a private survey showed, as the lifting of Covid lockdowns sent factories racing to meet solid demand
Investors are now looking toward potential triggers that may set the likely trajectory for equity markets in the second half of 2022.
Gold prices in a shaky situation as price hikes have created recession concerns among investors
Spot gold fell 0.2% to $1,817.00 per ounce by 0920 GMT, holding a tight range between $1,814.30 - $1,822.76. U.S. gold futures were down 0.2% to $1,817.60.
Stocks have globally taken a hit as consumers are fearing an impending recession market based on inflation trends in recent times
Although gold is considered a hedge against inflation and economic uncertainties, rate hikes dim bullion's appeal by increasing the opportunity cost of holding the asset which pays no interest.
Across markets, there's growing talk that high prices for raw materials will be cured only by recessions in the second half
Recessions in advanced economies may benefit India in a "perverse way" as a moderation in global commodities prices will help cool domestic inflation, according to Citigroup Inc