Global oil prices tumbled over $2 a barrel as President Trump’s threat of increased tariffs on China sparked fears of reduced demand. Analysts point to this, coupled with rising OPEC production and a Gaza ceasefire, as key drivers for the market’s shift to a risk-off sentiment. Investors are also watching for potential impacts from a U.S. government shutdown.
Nifty’s 5-day fall may be nearing a reversal; Anand James maps key levels for this week
The consecutive falls that resigned Nifty to a close below lower bollinger band on Friday raises the prospects of a mean reversion move. Further, 20-week