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India Bank Loan Growth declined to 18.1% in August 31 from previous 19.1%
India Bank Loan Growth declined to 18.1% in August 31 from previous 19.1%
India FX Reserves, USD came in at $765.9B, above expectations ($0B) in September 14
India FX Reserves, USD came in at $765.9B, above expectations ($0B) in September 14
Silver Price Forecast: XAG/USD reclaims $65 as rally in bond yields, US Dollar hits pause
Silver price (XAG/USD) is up 1.85% to near $65.00 during the European trading session on Friday. The white metal strengthens as rally in the US Dollar (USD) and United States (US) Treasury Yields appears to have hit a pause.
British Pound: Risk of test of 1.3140 against US Dollar â UOB
UOBâs Quek Ser Leang and Lee Sue Ann report that GBP/USD extended its sharp decline to 1.3205, leaving conditions deeply oversold but with the bias still pointing lower.
Gold struggles below $4,300, heads for weekly decline on hawkish Fed outlook
Gold (XAU/USD) reverses earlier intraday gains on Friday, failing to capitalize on a modest pullback in the US Dollar as growing expectations that the Federal Reserve (Fed) may raise interest rates again weigh on the non-yielding metal.
Fedâs Williams: Persistent supply shocks cannot be ignored
New York Federal Reserve (Fed) Bank John Willams said in a panel discussion at Oxford University on Friday that although tariffs and higher energy prices donât to a sustainable inflation. However, repeated supply shocks are keeping price pressures higher.
WTI Oil reversal stalls above $91.00 as Middle East tensions outweigh supply increases
The price of the US benchmark West Texas Intermediate (WTI) barrel has stabilised above $91.00 on Friday, with the reversal from Thursdayâs highs, near $96.00, losing momentum.
Japanâs Katayama: Takaichi very much respects the independence of the BoJ
Japanese Finance Minister (FM) Satsuki Katayama stresses on Bank of Japanâs (BoJ) independence while speaking during the European trading session on Friday. This is the second time in the day when Katayama has delivered remarks on economy and currency.
BoEâs Bailey warns persistent high energy prices could challenge rate stance
Bank of England (BoE) Governor Andrew Bailey said on Friday that the pass-through from higher energy prices remains âquite subduedâ so far, while stressing that it is still early days.
Indian Rupee: PMIs show growth and inflation risks â Commerzbank
Commerzbankâs India section notes September flash PMIs pointing to stronger end-Q3 activity, with both manufacturing and services indices well above 50. Domestic demand is robust, but elevated input and output prices, especially in manufacturing, keep upside inflation risks high.
Gold Price Forecast: XAU/USD struggles below $4,300 level with bears still in control
Gold (XAU/USD) is trimming some losses on Friday, trading just below the $4,300 level after bouncing from support in the $4,230 area on Thursday.
Brent: conflict-driven gains face deal hopes â Deutsche Bank
Deutsche Bank strategists highlight a sharp rise in Brent Oil as geopolitical tensions and Iranian rhetoric fuel concerns about an extended conflict. Brent briefly spiked above $108 before retracing on reports of potential USâIran negotiations to reopen the Strait of Hormuz.
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $64.60 per troy ounce, up 1.18% from the $63.85 it cost on Thursday.