Monday saw an all-time low for the Indian rupee due to ongoing dollar demand by international banks, most likely on behalf of their custodial customers.The rupee…
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Oil prices declined on Monday after last week’s sharpest weekly increase in over a year. Concerns about oversupply and weaker demand offset fears that a broader…
On Tuesday, China announced stimulus measures to bolster its economy. Following this announcement, the widely watched global stock index reached a record high, and copper prices…
Governor Kazuo Ueda stated on Tuesday that the Bank of Japan can take its time assessing market and foreign economic developments. He implied that the central…
Thanks to robust results from technology sectors, European markets began almost 1% higher on Thursday. Investors were waiting for the European Central Bank to announce its…
Several sizable orders boosted the surprise increase in German industrial orders in July. However, experts doubted that the weak sector was on the verge of a…
According to a government statement on Wednesday, China will address the risks of imbalances and fragmentation as it works to upgrade its industrial sector through the…
Asian shares rose on Friday and were poised for a solid end to August. Meanwhile, the dollar faced its worst monthly performance in nine months, as…
On Wednesday, Wall Street’s indexes were mixed as Alphabet fell, but moderating inflation kept hopes alive for a modest Fed rate cut. After a report, Google’s…
U.S. producer prices rose less than expected in July, as service costs dropped, reinforcing hopes for an interest rate cut.The Labor Department report showed moderating inflation,…