Oil gains nearly 2% on hurricane impact, US Fed rate cut expectations; brent crude at .01/bbl | Stock Market News

Oil gains nearly 2% on hurricane impact, US Fed rate cut expectations; brent crude at $73.01/bbl | Stock Market News

Source: Live Mint Oil prices increased by approximately 2% on Monday, driven by ongoing disruptions to U.S. Gulf oil infrastructure, which offset persistent concerns about demand following new data from China. Investors are also anticipating a potential reduction in U.S. interest rates later this week. By 1315 GMT, Brent crude futures for November rose by…

Read More
Week Ahead: US Fed policy, BoJ verdict, FII inflow, global cues among key market triggers as Nifty eyes 25,550 | Stock Market News

Week Ahead: US Fed policy, BoJ verdict, FII inflow, global cues among key market triggers as Nifty eyes 25,550 | Stock Market News

Source: Live Mint The Indian stock market resumed its upward momentum and logged the best week since the end of June, largely supported by positive global cues ahead of a likely interest rate cut by the US Federal Reserve. In the third week of September, investors will closely monitor key market triggers such as new…

Read More