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USD/INR rises due to foreign outflows and increased demand for the US Dollar

USD/INR rises due to foreign outflows and increased demand for the US Dollar

The Indian Rupee’s Outlook on Thursday The Indian rupee is expected to trade lower during the early European session on Thursday. Heightened demand for the US dollar and outflows from foreign stocks are putting pressure on the INR. The US trade balance and weekly unemployment claims will be released in the latter part of Thursday. […]

Increased metal tariffs take effect as the deadline for top offers approaches.

Increased metal tariffs take effect as the deadline for top offers approaches.

U.S. Doubles Tariff Rates on Imported Steel and Aluminum (Reuters) – On Wednesday, the U.S. announced that tariff rates on most imported steel and aluminum have doubled. President Donald Trump is hoping that trading partners will respond with their best offers to stave off an escalation of international trade tensions and hefty import taxes on […]

Will Increased Production Affect Any Price Surge Driven by Weather?

European gas storage has shown only a slight influence on US benchmarks, averaging around 45% against a five-year average of 56%. Global indicators suggest that supply is adequately balancing out as summer approaches. The imbalance between cash market and rig count signals remains strong while production stays robust On Friday, dry gas production hit an […]

Trump’s tax cuts remain in place as SALT deduction limit increased in narrow 215-214 vote

Senate Split on House’s “Big and Beautiful Bill” The reaction in the Senate to the House’s “big and beautiful bill” has been distinctly divided. Democrats are raising alarms about potential long-term damage to the working class, while Republicans assert that the legislation will be beneficial for many. There are strong feelings on both sides. According […]