Oil

Oil Prices Up: Brent Gains 2%, WTI Increases 0.5%

Key Points Oil Prices rose, Brent crude oil reached $89.32 per barrel, up 2%, and WTI at $83.86, up 0.5%.…

24 hours ago

USD/INR Emerges as Steadiest Major Currency

Key Points: Despite global volatility, USD/INR is the least volatile major currency in FY 2023-24, supported by interbank USD sales…

1 day ago

USD/CAD Hits 1.3695, Reflects Economic Trends

Key Points: Recent drops in crude oil prices have pressured the Canadian dollar, affecting the USD/CAD rate. Positive US economic…

4 days ago

Oil Prices Dips 3% Despite Middle East Conflicts

Key Points: Brent and WTI oil prices saw a 0.8% daily and 3% weekly fall, with Brent at $86.62 and…

5 days ago

USD/INR Navigating Through the Peaks of 83.50

Key Points: USD/INR reached a high of 83.50, with crucial support at the 100-day EMA of 83.12. RSI at 55…

5 days ago

Israel-Hamas War Cuts MENA’s 2024 Growth to 2.6%

Key Points:  Due to the Israel-Hamas conflict, economic growth in MENA and Pakistan has been downgraded from 3.3% to 2.6%…

1 week ago

European Stock: Stoxx 600 Declined by 0.6%

Key Points European stock's decline, The Stoxx 600 index, fell by 0.6%, signalling the potential first monthly loss since October…

1 week ago

Indian Rupee: Economic Forces and Geopolitical Risks

Key Points: Rising oil costs weaken the Indian Rupee due to India's significant oil imports, impacting its trade deficit and…

1 week ago

Oil Prices Up 3%: Middle East Tensions Escalate

Key Points Brent oil hit $89.74/barrel, and WTI reached $85.16/barrel due to Middle East tensions. Despite this week's gains, oil…

1 week ago

USD/CAD Climbs to 1.3780 Amid Geopolitical Tensions

Key Points: Israeli strikes in Iran propel USD/CAD to 1.3780, driven by Middle East uncertainties and US dollar strength. Rising…

1 week ago

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