Brind.
  1. RBI manages policy based on domestic inflation and growth, noting that easing West Asia tensions and lower Brent crude prices are easing inflationary pressures for India.
  2. Geopolitical events in the Middle East are affecting risk premiums and oil market sentiment, leading to market expectations regarding Fed caution.

CMC Markets provided commentary on oil price movement, noting a hawkish bias and market focus shifting to future rate hikes.

1 report, 1 independent Updated Jun 19
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CMC Markets provided commentary on oil price movement, noting a hawkish bias and market focus shifting to future rate hikes.

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