Geopolitics and Crude to Drive Markets This Week
The upcoming week is expected to be driven by geopolitical developments and crude oil prices, according to analysts. The Strait of Hormuz and US-Iran standoff remain critical market drivers in the near term.
Ajit Mishra, SVP at Religare Broking Ltd, stated that with the earnings season behind us, investors will focus on global monetary policy expectations, crude oil prices, and geopolitical developments.
The release of FOMC minutes is expected to provide signals on the Federal Reserve's policy outlook. A more hawkish stance could weigh on emerging-market flows and increase volatility in Indian equities, Mishra added.