Fuel duty cuts strain budget outlook – DBS
DBS Group Research’s Radhika Rao highlights India’s fiscal response to elevated global energy prices and Rupee weakness. The government has cut central excise duty on petrol and diesel to support state-owned oil marketing companies and delay pump price hikes, but this implies significant revenue loss. Persistently high energy costs and subsidies pose upside risks to […]
Kering sells 80% stake in Milan property to Qatar’s Al-Mirqab for $1.35bn
Kering sells 80% stake in Milan property to Qatar’s Al-Mirqab for $1.35bn Source link
Gold Price Forecast: XAU/USD Worst Month Since 2008 at -14.6% — Is the $5,4K Target Still Alive? – TradingNEWS
Gold Price Forecast: XAU/USD Worst Month Since 2008 at -14.6% — Is the $5,4K Target Still Alive? TradingNEWS Source link
Price shock impact on US growth – Commerzbank
Commerzbank economists Bernd Weidensteiner and Christoph Balz assess how the recent surge in Brent and WTI prices affects the US economy. They stress that the United States is structurally less vulnerable than in the 1970s thanks to lower oil intensity and higher domestic production. Their base case assumes a short-lived war-related spike, with Oil settling […]
Exclusive-US nicotine pouch fast-track scheme slowed by worries over youth, new users
Exclusive-US nicotine pouch fast-track scheme slowed by worries over youth, new users Source link
Gold (XAUUSD) Price Forecast: Safe-Haven Demand Lifts Gold Price as Rate-Cut Odds Dip – FXEmpire
Gold (XAUUSD) Price Forecast: Safe-Haven Demand Lifts Gold Price as Rate-Cut Odds Dip FXEmpire Source link
UBS sees Autos under Pressure, Highlights Best Picks on Turnaround Hopes
UBS sees Autos under Pressure, Highlights Best Picks on Turnaround Hopes Source link
Gold Price Forecast: XAU/USD rallies further with the $5,000 level on focus – FXStreet
Gold Price Forecast: XAU/USD rallies further with the $5,000 level on focus FXStreet Source link
XAU/USD rallies further with the $5,000 level on focus
Gold (XAU/USD) appreciates for the fourth consecutive day on Thursday. The US Dollar (USD) tumbles as hopes of a quick end to the Iran war have improved risk appetite and triggered significant pullbacks in US Treasury yields. The precious metal has rallied to nearly two-week highs past $4,600, bringing the $5,000 target into the bull’s […]
Mega IPOs set to test US market depth despite volatility
Mega IPOs set to test US market depth despite volatility Source link
