Topic
geopolitical tensions
Commodities Gold and Silver Await Fed Decision Amid Geopolitical Tensions and Crude Oil Volatility
Gold and silver ended last week on a stronger note, with Comex gold rising 1.3% and silver nearly 5%. This week, the Federal Reserve's interest rate decision, US-Iran tensions, and crude oil price movements will drive bullion. Analysts note range-bound trading amid geopolitical uncertainty and continued official-sector buying.
Business BSE Sensex Crashes Over 900 Points, Nifty50 Near 23,100 as US-Israel-Iran Tensions Fuel Sell-Off
Indian equity markets opened sharply lower on June 8, 2026, with the BSE Sensex crashing over 900 points and the Nifty50 falling near the 23,100 mark. The sell-off was driven by escalating geopolitical tensions involving the US, Israel, and Iran, along with a surge in crude oil prices. Technical indicators show a weak setup with key support at 23,000-23,100.
Commodities Oil Prices Jump After Iran Missile Strikes Test Fragile Ceasefire with Israel
Oil prices climbed on Monday morning after Iran fired missiles at Israel for the first time since a fragile ceasefire was agreed in April. Brent crude jumped 2.6% to $95.50 a barrel, while US crude rose 2.5% to $92.75. The strikes threaten to further disrupt oil and gas shipments through the Strait of Hormuz.
Business Wall Street rebounds as AI stocks recover; SpaceX debut and Iran tensions in foc
US stocks rebounded over two sessions, with AI-linked stocks recovering from recent volatility. Oracle tumbled 10% after announcing a $40 billion debt-and-equity plan for AI investments, while chipmakers Intel and Applied Materials surged. Oil prices fell sharply after President Trump withdrew a strike threat against Iran, boosting sentiment. The much-anticipated SpaceX IPO began trading on the Nasdaq, commanding a $1.77 trillion market value. The ECB raised rates by 25 basis points, and markets await the Fed decision next week.
Business India's GDP Growth at 7.7% in FY26 Amid Global Tensions
India's GDP growth reached 7.7% in FY26, surpassing expectations despite global tensions. Key drivers included strong consumer spending and investment activity. However, the US-Iran conflict poses potential risks for future growth.
Commodities Urea, DAP demand rises amid West Asia tensions
Read the full story for in-depth analysis.