Michigan Consumer Sentiment Rises More Than Expected, But Inflation Fears Persist
Michigan Consumer Sentiment Rises More Than Expected, But Inflation Fears Persist Source link
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Gold Slips Below $1,700, Copper Subdued as Fed Jitters Persist
By Ambar Warrick Investing.com– Spot gold prices traded below a key support level on Thursday, extending recent declines as concerns over more hawkish measures by the Federal Reserve continued to chip away at metal markets. was largely unchanged after finishing the prior session around $1,697.42 an ounce, while fell 0.1% to $1,707.30 an ounce by 19:46 …
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Challenges persist as govt tries hard to bridge India’s trade deficit
Simply put, trade deficit is a situation in which the value of goods a country imports is greater than the value of goods it exports — excluding software, remittances and others. “Exports are slowing down while imports are increasing. This has led to widening trade deficit. The trade deficit was $190 billion last year and …
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Experts predict volatility in rupee likely to persist in the short term
New Delhi, Sep 10 (IANS) The is at a two-decade high, reflecting the ongoing interest rate hikes by US Fed and the continuing geo-political risks. Suman Chowdhury, Chief Analytical Officer, Acuite Ratings & Research, said: “Along with the expanded trade and current account deficit, such an environment has kept the pressure on the rupee which …
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BofA Cuts Automotive Stocks as Supply Chain Issues Likely to Persist By Investing.com
© Reuters. By Sam Boughedda A BofA Securities analyst downgraded automotive stocks American Axle (NYSE:), CarMax (NYSE:), and Sonic Automotive (NYSE:) on Friday as they revised forecasts for the sector. American Axle & Manufacturing was downgraded to Neutral from Buy, CarMax was cut to Underperform from Neutral, and Sonic Automotive was downgraded to Underperform from …
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