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August inflation data potentially reduces the scope for RBI to remain on hold for long.
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
KARACHI: Extending last week’s bearish trend, the Pakistan Stock Exchange (PSX) on Monday continued its southward slide amid a worsening Middle East conflict, rising crude oil prices, and tighter supplies, all of which pose serious risks to the economic outlook as inflationary pressures soar, dragging the benchmark KSE-100 index below…
KARACHI: Car sales by traditional automakers rose 11 per cent year-on-year but fell 21pc month-on-month to 15,558 in August, mainly owing to competition from New Energy Vehicles (NEVs), the Pakistan Automotive Manufacturers Association (PAMA) reported on Monday.
The AUD/USD pair struggles to capitalize on the previous day's modest bounce from the 0.7100 neighborhood, or an over three-week low, and trades with a negative bias for the second straight day on…
Key PointsThe quickest way to get rich and to lose your shirt on Wall Street is to go all in on a single investment.
NZD/USD extends its losses for the second successive day, trading around 0.5760 during Asian hours on Tuesday. The pair remains as the New Zealand Dollar (NZD) holds losses following the release of key economic data from China, New Zealand’s close trading partner.
