NewsSignals
NewsSignals AI analysis·Reuters·

Indian shares on track for muted open as oil concerns persist, Fed in focus

Grade Bbearish AI signal$SPX$BRENT$DXY$NIFTY$SENSEX
Indian shares are set for a muted open as elevated crude oil prices and Middle East tensions keep inflation and supply risks in focus, while investors await the US Federal Reserve's policy decision later this week. Brent crude traded around $115 a barrel after reaching near $117, while the Nifty 50 and Sensex fell 2.4% and 2.2%, respectively, last week; nearly all economists polled by Reuters expect the Fed to hold rates this week and hike in December. Persistent oil pressures and the prospect of tighter US monetary policy could weigh on Indian equities by fueling inflation concerns and reducing foreign investor appetite for emerging markets.

Bullish strength: 25/100

  • Foreign investors bought Indian shares worth 8.9 billion rupees on Friday.
  • Brent crude eased from a near six-month high of $117 to around $115 a barrel.

Bearish strength: 75/100

  • Elevated crude oil prices raise concerns about Indian inflation and supply risks.
  • The Nifty 50 and Sensex fell 2.4% and 2.2%, respectively, last week.
  • Expected US rate hikes could make Indian equities less attractive to foreign investors.
  • Ongoing attacks on Saudi Arabia keep oil supply concerns elevated.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

Read the original source ↗

← Browse more news analysis

Trade on MEXC

More recent source-attributed AI analysis in macro.

Gold climbs to two-week high as dollar, yields weaken

Gold climbed 1% to $4,102.50 per ounce, reaching its highest settlement since October 21 as a weaker US dollar and falling Treasury yields boosted demand. The 10-year Treasury yield dropped 5.5 basis points to 4.836%, while silver gained 0.2% to $52.233 per ounce. Gold could face renewed selling pressure if Friday's US jobs report strengthens expectations for a December Fed rate hike, despite improving near-term momentum.

Treasury Yields Hover Around Two-Month Lows Ahead of Payrolls — Market Talk

U.S. Treasury yields are hovering near two-month lows as bond markets increasingly price in the possibility of a December Federal Reserve rate hold ahead of October payrolls. The 10-year yield fell to 4.836% and the two-year to 4.475%, while December rate-hold odds climbed to 35% from 17% in one day. Tomorrow's jobs report could trigger a sharp repricing of rate expectations, potentially driving renewed volatility across Treasury yields, the dollar and gold.

Paraguay's Trump-Allied President Quits as Currency Slides: Is the 13% USDT Premium Real?

Paraguay's guaraní plunged 4% against the US dollar following President Santiago Peña's resignation amid the collapse of Ueno Bank, erasing the widely reported 13% USDT premium. The latest Binance P2P USDT sell offer stood at 6,392.9 guaraníes, less than 0.1% above the central bank's November 5 rate of 6,388.47. Continued currency weakness and uncertainty surrounding Ueno Bank's collapse could increase demand for dollar-backed stablecoins, including USDT.

Evening digest: Oil rebounds, OpenAI eyes 2027 IPO as Micron pauses Taiwan project

Oil prices rebounded as renewed tanker attacks in the Middle East heightened concerns about potential supply disruptions, lifting Brent crude nearly 4% to $98.38 a barrel. Gold climbed to a more than two-week high as a weaker dollar and lower Treasury yields supported bullion, while markets priced in a 66% probability of a December Fed rate hike. Meanwhile, OpenAI signalled a potential 2027 IPO and Micron reportedly suspended its planned $4.5 billion Taiwan chip facility, developments that could intensify volatility across energy, precious metals and AI-linked equities.