Nomura cuts Nifty December 2026 target to 24,900 on Hormuz oil shock
Nomura lowered its Nifty target to 24,900 as oil prices surged and Strait of Hormuz disruptions raised macro and earnings risks.
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Aussie Dollar Falls After RBA Hikes Rates
On Tuesday, the Reserve Bank of Australia raised interest rates to 4.1 per cent in a bid to combat surging inflation. The Australian dollar fell despite the hike, because board members were divided on the decision. And the war in Iran is continuing to raise oil prices and marring global currency markets. Investors are piling into the U.S. dollar as a haven while waiting to see how the conflict affects global trade, and watching for decisions from other major central banks this week.
Private credit jitters spill into Wall Street, triggering pullback by banks, funds
Private credit market stress is impacting Wall Street, with banks cutting exposure and funds limiting withdrawals as investor caution rises.
What drove Wall Street higher on Monday? Key reasons here
US stocks climbed as investors returned to AI-related companies, while easing oil prices helped support broader market sentiment.
Gold Near $5,000 as Iran War Intensifies
As the global market is shaky, gold starts trading very near to antigua $5,000. U.S. investors are looking closely at the latest inflation readings and signals from the Federal Reserve about interest rates. Central banks are still buying tons of the precious metal, but its price is making some traders wary. Whether gold holds above this record level will depend on the strength of the U.S. dollar and current geopolitical tensions around the globe today.
Indian rupee, bonds seen under pressure amid energy supply worries
The Indian rupee and government bonds are expected to remain under pressure as the Iran conflict disrupts global energy supplies and pushes oil prices higher.
Australia Signals Plan to Act on Widespread Loan Fraud
Australian Government, CBA & Major Banks Move Urgently To Stave Off A $1 Billion Mortgage Fraud Scandal Investigations found that criminal syndicates had used breakthrough artificial intelligence to fabricate financial documents for luxury home loans. In response, authorities are rolling out a new financial crime strategy that features biometric checks and tighter regulations for mortgage brokers. The steps are intended to restore confidence in the banking system and prevent high-risk debt from destabilising the national economy in 2026.
UK Government Pledges £1 Billion to Solve Youth Job Crisis
The UK government has announced a large £1 billion response plan to tackle the burgeoning youth unemployment disaster. With almost a million young people out of work or education, the plan will include direct financial incentives to employers. Under the new scheme, businesses will be able to claim £3,000 for each young person they employ. The Youth Guarantee age limit has also been raised to 24 so more people can access the support they need to secure stable work. It will generate 200,000 jobs and bolster support via 360 local Youth Hubs nationwide.
Wall Street posts weekly loss as Iran war drives oil, inflation fears
Wall Street ended lower and posted weekly losses as oil price volatility linked to the Iran conflict raised inflation concerns and reduced expectations of near-term Fed rate cuts.
Wall Street indices close mixed as Iran tensions weigh on sentiment
Wall Street indices ended mixed as investors weighed rising geopolitical tensions in the Middle East against earlier hopes for a swift end to the conflict involving Iran, according to a Reuters report. Markets remained volatile as oil price swings and concerns about inflation and slowing economic growth shaped investor sentiment.
