Oil's Four-Day Slide Toward $100 Resets Tuesday's Risk Map for Nifty, Gold and Bitcoin
Brent settled at $100.34 on Monday, its fourth straight decline, after Trump said he was probably open to meeting Iran's President Pezeshkian at the UN General Assembly. US 10-year yields eased to 4.95% and the Nasdaq closed at a record. Nifty opened Tuesday near 23,454, with IT lagging.
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Nictick — educational context
The Fed hiked to 3.75-4% last week and signalled one more move this year. Gold eased to about $4,345/oz. Bitcoin is flat near $81,000. Hormuz flows are at a six-month high, but Houthi strikes on Riyadh and Yanbu keep supply risk live. NY Fed's Williams speaks later today.