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Indian Shares May Rebound As Oil Steadies After Recent Spike

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Indian shares are seen opening higher on Thursday as oil prices paused their rapid climb and solid readings on the U.S. labor market and services growth suggested the world's largest economy remains remarkably resilient.

Tariff concerns may cap potential gains after U.S. Treasury Secretary Scott Bessent said the global import tariff rate could soon increase from the current 10 percent to 15 percent.

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Market Analysis

Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

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