The Indian rupee hits a record low of 92.18 against the US dollar amid rising crude oil prices and geopolitical tensions. Discover how the US-Iran conflict impacts investor sentiment and the forex market.
Thailand’s SET Index tumbled more than 100 points in the March 4, 2026 morning session, breaking below 1,400 and edging closer to Circuit Breaker levels. Analysts pointed to panic selling, surging LNG costs and intensifying Middle East tensions as power producers came under heavy pressure.
Foreign institutional investors also added pressure on markets. According to NSE data, FIIs sold Rs 3,295.64 crore worth of equities in the previous session, while domestic institutional investors bought Rs 8,593.87 crore.
Forex traders said the domestic currency is under severe pressure due to a sharp spike in crude oil prices, with Brent Crude crossing the USD 82 per barrel level in futures trade in the wake of the Iran crisis, which dented investor sentiments
Sectoral performance at the MSX was broadly positive, with all three sector indices recording gains. Two sectors achieved double-digit growth during the month
HOUSTON--(BUSINESS WIRE)--Mar 3, 2026--
The dollar index rose for a third straight session to its strongest level in three months, while the euro and commodity-linked currencies came under pressure as oil and gas prices extended their surge
Bangkok: Asian shares fell further on Wednesday, March 4, after the global sell-off for stocks hit Wall Street, with South Korea’s benchmark plunging 8 per cent, while oil prices climbed even higher. Worries over the widening war with Iran have hammered most world markets. Higher oil prices and how much they might worsen inflation are ...Get the latest updates in Hyderabad City News, Technology, Entertainment, Sports, Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for Android and iOS.
Today, March 4, Mumbai gold rates (gold prices) saw a correction, with 24K gold falling INR 3,110 to settle at INR 1,64,510 per 10 grams. Silver also dropped by INR 10,000 to INR 2,85,000 per kg. Despite the dip caused by profit-booking, rates remain high due to Middle East tensions and a volatile stock market, sustaining gold's safe-haven appeal.
South Korea’s benchmark Kospi index leads Asian market sell-off, despite Donald Trump’s suggestion that US Navy could protect vessels moving through vital strait of HormuzGlobal markets tumbled further on Wednesday despite Donald Trump’s offer to have the US navy escort tankers through the strait of Hormuz and the US military’s claim that there is “not a single Iranian ship underway” in the crucial waterway.The Middle East conflict has crippled the strait which was in effect closed by Iran after strikes by the US and Israel this weekend, raising fears of a sustained energy supply crisis that reverberated around the world. Continue reading...
The Indian rupee slumped 69 paise to an all-time low of 92.18 against the US dollar in early trade on Wednesday. The sharp fall comes amid a sharp spike in crude oil prices amid geopolitical tensions following the escalation of the US–Iran conflict, which weighed on investor sentiment. According to forex traders, the domestic currency is under severe pressure due to a sharp spike in crude oil prices, with Brent Crude crossing the USD 82 per barrel level in futures trade in the wake of the Iran crisis, which dented investor sentiments.
BitcoinWorldECB Stablecoin Warning: Alarming Threat to Eurozone’s Monetary Sovereignty EmergesFRANKFURT, Germany – The European Central Bank issued a stark warning this week about the growing threat stablecoins pose to the eurozone’s monetary sovereignty. According to Bloomberg’s reporting, ECB officials expressed serious concerns that widespread stablecoin adoption could fundamentally undermine the central bank’s control over monetary policy transmission mechanisms. This development represents a significant challenge [...]This post ECB Stablecoin Warning: Alarming Threat to Eurozone’s Monetary Sovereignty Emerges first appeared on BitcoinWorld.