The latest round of U.S. sanctions on Russian oil giants has once again stirred the global energy markets, raising questions over crude supply to major buyers like India and China. In an exclusive conversation with ET Now, Geoff Dennis, Global Market Analyst, shared his perspective on the ripple effects of the sanctions, Donald Trump’s diplomatic … Read more
As the United States nears a government shutdown, investors are evaluating its potential impact on the US and global markets. The shutdown, expected within hours, could affect data releases and market sentiment, particularly for emerging markets and commodities like gold. Geoff Dennis, Independent EM Commentator told ET Now, “It depends on how long the shutdown … Read more
“What the market is doing now is waiting for those details. Are we going to get some significant fiscal action in other words because the issue of the Chinese economy here is weak consumer spending, weak consumer confidence, and of course a very soft property market,” says Geoff Dennis, Independent EM CommentatorOne of the big … Read more
“I think July is a tough call now, although the payroll numbers on Friday will give us another clue on that. But I think they will cut twice before the end of the year, probably in September and December,” says Geoff Dennis, Independent EM Commentator.Just wanted your interpretation of the Fed minutes coming in and … Read more
I think equities will stabilise and will recover, but I am suspicious about the tech sector in the short term because it is just so expensive, says Geoff Dennis, EM Commentator. A lot of experts believe that the technology stocks were highly overvalued due to which we saw a massive sell off on Friday. How … Read more
People want to hold on to their gold positions as they see how the inflation story plays out, says the Emerging Markets Commentator. There are two very different cues. On the positive side, jobless claims have fallen below a million in the US and on the negative side, IEA has cut global oil demand for … Read more