Commodities, FX & Rates › Sub-category
Crude Oil
6 articles
Geopolitical tensions are significantly impacting crude oil markets, pushing prices higher amid increased U.S. military deployments in the Middle East and anticipation of potential conflict with Iran. Brent crude has surged past $102 per barrel, with November contracts experiencing a substantial monthly gain of 14%, reflecting heightened supply risk premiums. This upward pressure on oil prices, coupled with rising inflation in India—where the wholesale price index reached 9.92% in August—poses challenges for import-dependent economies and could fuel broader inflationary concerns globally, requiring careful monitoring of monetary policy responses.
Oil Prices Edge Higher on US Military Deployment
Brent futures rose to $102.55 per barrel, up 0.2%, while WTI reached $92.92, up 0.1% on Friday.
Prices surged $4 for Brent and $2 for WTI on Thursday after reports of a US aircraft carrier deployment
Hong Kong Index Down 3% Ahead Jobs
Asian equities were mixed as investors awaited U.S. non‑farm payrolls, with bond yields and oil prices influencing risk appetite.
Hong Kong's Hang Seng Index fell 3% to ~23,900 points, its steepest 11
Rupee Slides 0.39%; Brent Over $100
Indian equity markets were closed on Friday, October 2, 2026, for the Gandhi Jayanti holiday, halting Nifty and Sensex trading.
The USD/INR rose to 96.489, a 0.39% increase, adding pressure on dollar‑
Brent Rises 4% on US Troop Surge
Brent crude futures for December rose 4.6% to $102.58 per barrel after reports of US troop increase and planned Iran strikes.
WTI November contracts gained 3.1% to $93.18 per barrel, while September B
Gold Gains 0.5% as Treasury Yields Fall
Gold spot rose 0.5% to $4,177.25/oz, futures up 0.1% to $4,207.55/oz, aided by Treasury bond rally.
US 10‑year yield fell 6.5 bps to 5.246% and 30‑year to 5.616% as bond market halted steep sell‑off.
India August 2026 WPI Inflation Rises to 9.92%
India's wholesale inflation accelerated to 9.92% YoY in August 2026 from 9.78% in July, with the all-commodities index rising to 110.8.
Fuel and Power inflation surged to 22.93% while Primary Articles