Latest news with #ANZResearch
Wall Street Journal
a day ago
- Business
- Wall Street Journal
Oil Futures Mixed; Supply-Disruption Concerns May Support
0015 GMT — Oil futures are mixed in the early Asian session. However, prices may be supported by U.S. threats of more sanctions against Russia that could lead to supply disruptions. President Trump has reiterated that the U.S. may impose additional tariffs on countries that continue to buy Russian crude, ANZ Research analysts say in a research report. The latest warnings follow additional sanctions by the EU targeting Russia, the analysts add. Front-month WTI crude oil futures are little changed at $69.22/bbl; front-month Brent crude oil futures are 0.2% higher at $72.65/bbl. (
Wall Street Journal
2 days ago
- Business
- Wall Street Journal
Oil Edges Higher, Aided by Renewed Supply Concerns
0005 GMT — Oil edges higher in early Asian trade, aided by renewed supply concerns. President Trump said that he would give Russian President Putin 10 or 12 days to reach a cease-fire with Ukraine or face more economic pressure from the U.S. Previously, Trump had threatened Moscow with 100% secondary tariffs to create pressure toward a peace deal, ANZ Research analysts say in a research report. Trump's remarks have reignited fears that Russia's oil flows would be impacted, the analysts add. Front-month WTI crude oil futures are 0.2% higher at $66.85/bbl; front-month Brent crude oil futures are 0.2% higher at $70.21/bbl. (
Wall Street Journal
6 days ago
- Business
- Wall Street Journal
Oil Rises Amid Hopes for U.S.-EU Trade Agreement
0006 GMT — Oil rises in the early Asian trade. U.S. and EU officials look like they are converging on a possible deal, after the White House's agreement with Tokyo earlier in the week. European officials expect a 15% tariff on most EU exports to the U.S., in line with the Japan deal. This news has lifted confidence that a worst-case scenario of a 30% tariff is avoidable, ANZ Research analysts say in a research report. Positive sentiment has also been supported by technical-related buying, the analysts add. Front-month WTI crude oil futures are 0.3% higher at $66.21/bbl; front-month Brent crude oil futures are 0.3% higher at $69.36/bbl. (
Business Recorder
18-07-2025
- Business
- Business Recorder
India bonds bound in tight range with fewer cues in sight
MUMBAI: Indian government bonds ended largely unchanged on Friday, as traders eased back after a brief rally post-debt sale, in absence of fresh triggers. The yield on the benchmark 10-year bond ended at 6.3058%, compared with Thursday's close of 6.3010%. India's ultra-long bonds rallied during the day, led by the 30-year paper, with the yield down 4 basis points after stronger-than-expected demand at New Delhi's debt sale. India's Bajaj Finserv mutual fund and Bandhan mutual fund find this space attractive and are running positions in the 30-year paper. New Delhi sold bonds worth 270 billion rupees ($3.14 billion) during the day, including 120 billion rupees worth of 7.09% 2054 bond at 6.98% yield, which was lower than market estimates. Meanwhile, rate-cut bets in the market are inching up after a six-year low inflation print in June, traders said. India bonds stuck as trading interest plummets 'Other than the base-effect driven decline in food inflation, most other measures of underlying inflation are already around 4%, indicating scope for just one more rate cut. While we anticipate it in October 2025, the risk is it can be brought forward,' ANZ Research said in a note. Lower US Treasury yields aided sentiment during the day, with the yield on the 10-year bond at 4.43% in Asian hours, down 3 basis points from previous close. Rates India's overnight index swap rates (OIS) saw receiving pressure during the day, amid rising rate-cut wagers and lower U.S. Treasury yields. Activity in India's one-year overnight index swaps, however, has dried up since the central bank started conducting operations to remove liquidity from the banking system. The RBI began conducting these variable rate reverse repos from June 27. The one-year OIS rate was down 1 basis point at 5.50% and the two-year OIS rate similarly fell to 5.47%. The liquid five-year dropped 2 basis points to 5.70%.
Wall Street Journal
15-07-2025
- Business
- Wall Street Journal
Oil Edges Lower Amid Mixed Developments
0007 GMT — Oil edges lower in early Asian trade amid mixed developments. President Trump said Monday the U.S. will impose tariffs of up to 100% on Russia if it doesn't agree to halt hostilities in Ukraine within 50 days. The 50-day pause has eased worries that direct sanctions on Russia could disrupt crude oil flows, ANZ Research analysts say in a research report. However, sentiment has been weighed by rising trade tensions, the analysts say, noting Trump has threatened to impose 30% tariffs on EU and Mexican goods. Front-month WTI crude oil futures are 0.2% lower at $66.83/bbl; front-month Brent crude oil futures are 0.2% lower at $69.09/bbl. (
