Markets on High Alert Ahead of Crude Oil Price Surge and US Inflation Data
Markets are bracing for a volatile week ahead of key drivers such as crude oil prices and US inflation data, analysts warn. The West Asia conflict, foreign investor trading activities, and global market trends will also influence domestic equities.
Ajit Mishra, SVP at Religare Broking Ltd, expects the week to be highly sensitive to global monetary policy, crude oil prices, and geopolitical developments. Investors will monitor the impact of stronger-than-expected US employment data on expectations regarding the Federal Reserve's September policy decision.
Brent crude rose more than 8% during the week, while WTI crude gained over 9%, as renewed US-Iran hostilities increased geopolitical risk premiums in global energy markets. With the latest US jobs data pointing to resilient underlying economic momentum, attention shifts to upcoming US inflation data, which could shape expectations for Federal Reserve policy and global market sentiment.