Indian companies face intense investor scrutiny over forex strategy as the rupee depreciates ~10% against the dollar. Exporters benefit, but importers face rising costs, prompting stronger hedging. "Rupee depreciation" and "hedging" mentions surged on earnings calls.
Indian markets brace for volatility this week, driven by US-Iran tensions and crude oil price swings. Investors will also scrutinize crucial inflation data from India and the US for interest rate clues. Key corporate earnings are also on the radar, alongside foreign investor activity, shaping market sentiment.
Wall Street stocks surged on Friday, with the S&P 500 and Nasdaq nearing record highs, buoyed by stronger-than-expected US jobs data. Despite ongoing Middle East tensions and oil price concerns, positive corporate earnings from companies like Monster Beverage and Akamai Technologies also fueled the rally, indicating economic resilience.
S&P 500 futures rose while oil prices fell. Corporate earnings and a fragile ceasefire agreement between the U.S. and Iran were in focus.
Asian markets showed mixed results on Monday as investors balanced strong U.S. corporate earnings against ongoing geopolitical tensions in the Strait of Hormuz. Oil prices remained steady as the U.S. announced plans to facilitate shipping in the region.
The ASX is priced to fall this morning, despite strong corporate earnings propelling the S&P 500 to a new record close. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
The ASX is priced to fall this morning, despite strong corporate earnings propelling the S&P 500 to a new record close. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
It seemed like what really captivated Wall Street though was corporate earnings.
A volatile week awaits markets as Middle East tensions, higher oil prices, and a dense earnings calendar influence sentiment. Investors weigh US‑Iran negotiations, macro data, and inflation risks amid a market holiday on Maharashtra Day.
The S&P 500 and Nasdaq reached record highs despite ongoing Iran-U.S. tensions in the Strait of Hormuz. Investors balanced geopolitical uncertainty with strong corporate earnings, favoring AI-linked hardware stocks while software companies faced pressure.
Trump extended the U.S.-Iran ceasefire indefinitely, saying Tehran's government is 'seriously fractured' and requiring Iran to submit a unified proposal before talks resume. Iranian negotiators refused further talks through a Pakistani intermediary. Meanwhile, UK inflation rose to 3.3% in March, the first reading since the Iran war began, with economists warning rates could exceed 4% by autumn.
Renewed concerns about the Middle East war have outweighed initial optimism over a round of solid corporate earnings despite President Donald Trump extending the ceasefire. Follow live.
Analysts expect the market to maintain the bullish undertone as elections and corporate earnings season continue
