Highlights include CPI from the US, UK, Japan and Canada, Global Flash PMIs, Japanese PM Vote, and Chinese Activity Weekly Forecast MON: PBoC LPR, CCP 4th Plenum (20th-23rd), Chinese House Prices (Sep), Retail Sales (Sep) & Industrial Output (Sep), German Producer Prices (Sep), US Leading Index (Sep), New Zealand Trade (Sep) TUE-: NBH…
Oil prices went up on Friday, with Brent crude futures rising 22 cents to USD 79.38 per barrel and U.S. West Texas Intermediate crude futures increasing by 26 cents to USD 76.45 per barrel. This marks a weekly gain of more than 3% for both types of crude. Analyst Ashley Kelty from Panmure Liberum mentioned…
August 9, 2024August 9, 2024 The RBI’s tougher or hawkish tone discouraged currency traders from betting against the rupee. The Indian currency is currently at its lowest value ever due to global uncertainty, although its decline has been gradual and slight. The Reserve Bank of India (RBI) kept its…