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DBS Group Research economists Radhika Rao and Chua Han Teng note that the US court ruling invalidates unilateral IEEPA tariffs on ASEAN-6, shifting them to MFN plus…
West Texas Intermediate (WTI), futures on NYMEX, are down 0.3% to near $66.20 during the European trading session on Tuesday. The Oil price is slightly under pressure,…
The Indian rupee closed modestly weaker on Tuesday, weighed down by a drop in local stocks and strong dollar demand from the non-deliverable forwards market, though losses…
The rupee traded in a narrow range on Tuesday and settled 6 paise lower at 90.95 (provisional) against the US dollar amid a firm greenback and higher…
Danske Bank’s Danske Research Team notes that trade tensions remain elevated after the European Parliament postponed ratification of the EU-US trade deal over concerns about Trump’s new…
The rupee fell by 7 paise to 90.96 against the US dollar in early trade on Tuesday, weighed down by a rise in global crude oil prices…
The Indian central bank was likely selling US dollars on Tuesday to prevent the rupee from falling past the psychologically important 91-per-dollar mark, three traders told Reuters.The…
Gold (XAU/USD) retreats sharply from the $5,250 level, or a fresh monthly peak touched during the Asian session, and for now, seems to have snapped a four-day…