Abundant US Nat-Gas Supplies Pressure Prices
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Several Indian states are actively seeking investments from the United Arab Emirates. They are offering customized incentives and industrial land to attract foreign capital. These states aim to use the UAE as a gateway for broader global market access.
The Mexican Peso remains unchanged against the US Dollar on Tuesday as market participants await the release of Mexico’s Fiscal package, which will be delivered to the Mexican Congress for approval. At the time of writing, the USD/MXN trades at 16.91 flatlined.
Scotiabank strategists Shaun Osborne and Eric Theoret note that the Japanese Yen (JPY) is modestly firmer, with USD/JPY extending losses through prior intervention lows near 155, a move seen as…
A sharp fall in domestic sugar prices has made imports costlier than local supplies, complicating the Centre’s plan to bring in 1 million tonnes of raw sugar to cool prices.
Political leader whose administration was buffeted by the Asian financial crisis, Sars epidemic and a contentious security bill