Oil prices are experiencing a second day of increases, spurred by sanctions and evolving trade negotiations. After recently touching a five-month low, the US has set its sights on acquiring oil to enhance its strategic reserves. Market hesitations persist as supply issues in vital regions continue to inhibit price declines. As the US-China trade talks unfold, investors remain vigilant.
Market expects one more rate cut as inflation stays benign
Indian economists and bond market experts expect another quarter percentage point cut in policy rates. This follows the Reserve Bank of India’s recent rate reduction