Brent may remain subdued, most likely in a range of US$75 to US$80 per barrel. In the immediate term this range -bound movement is influenced by two factors. The first is that the premium which was sought to be built into oil prices is gradually waning due to the probability of a full-scale war diminishing […]
The currency markets have been almost completely absorbed in two major developments. The first isrelated to the Japanese Yen. The Yen weakness against the US Dollar taking it to the 160 mark, and thesubsequent strength of the currency to the 148 level in a rather short span of time has been at the centre stage. […]
Gold is at US$ 2525, and it has advanced from an yearly low of US$ 1985, that is by about US$ 440. The general bullishness in the markets arising from the highprobability of rate cuts in the US, is further aided by movement into gold by the central banks as also its safe haven status. […]
The CPI based inflation for the month of August 2024 was reported at 3.65%, within the RBI’s target range for second month in a row. The CPI inflation during the preceding month was reported at 3.60%. The waning momentum and a positive base effect helped keep the headline inflation in check. Even as there are […]
The GDP growth rate for Q1FY25 came in at 6.7%; the growth was largely in line with street estimates. The GDP growth was expected to be marginally subdued due to a high base effect and the general elections leading to low government expenditure during the period. The GDP growth rates for the preceding quarter and […]
