Crude Oil Prices and US-Iran Conflict to Dictate Market Trends This Week

Indian stock markets are poised for volatility this week as analysts highlight two major external risks: crude oil prices and the ongoing US-Iran conflict.

The unresolved confrontation in the Strait of Hormuz has disrupted normal energy flows, impacting crude oil prices. Brent crude prices remain above $90 per barrel, a key monitorable for investors.

Investors will also closely monitor the Jackson Hole symposium for indications on the future trajectory of US interest rates. Fed Chair Kevin Warsh's address is expected to provide important clues on how the central bank is weighing persistent inflation risks against signs of a softer labour market ahead of its September policy meeting.