Global markets to remain driven by West Asia conflict, Fed neutral guidance reflects uncertainty: Report

Global uncertainty and potential FII outflows could pressure Indian auto stocks, despite recent positive domestic sentiment. Higher energy prices, a risk flagged by the Fed, directly impact manufacturing costs for the auto sector.

• •Global markets to remain driven by West Asia conflict.
• •Uncertainty is expected to drive risk aversion.
• •FOMC acknowledged this in its recent meeting.
• •GDP growth projections were raised, but inflation forecasts were revised upwards.
• •Rate cuts are still anticipated, but higher energy prices pose a risk of delay.