Global inventory squeeze is pushing prices higher Falling inventories around the world, combined with Chinese stockpiles at their lowest in a decade and higher borrowing costs in London, are tightening supply and giving price momentum a fresh push. The shortage is not driven by a single factor but by the way these elements interact — … Read more
Silver shortage signals flash through commodity ratios A sudden spike in the silver-crude oil ratio has drawn fresh attention to tightening silver supplies. Experts say the metric — which compares silver’s value against crude oil — recently surged to its second-highest level on record, a sign that the physical market is feeling strained. What the … Read more
Rupee slips marginally against the US dollar The Indian rupee showed a little weakness in the interbank foreign exchange market, finishing the day at 89.96 against the US dollar (provisional). That was a decline of 9 paise from the previous close. Intraday movement Opening rate: 90.00 Intra-day low: 90.10 Closing (provisional): 89.96, down 9 paise … Read more
Rupee slips slightly after opening at 90.00 against the US dollar The Indian rupee opened the trading session at 90.00 against the US dollar in the interbank foreign exchange market. Early trading saw the currency lose ground and dip to 90.07, a move of seven paise from the open. Market snapshot Opening rate: 90.00 per … Read more
Silver nudges past $61 after record session Spot silver climbed to $61.06 per ounce, up about 0.6%, after touching an all-time high of $61.46 earlier in the session. The rise extended momentum from a recent break above the $60 level. What’s driving the move? Two main forces are supporting the rally: Depleted inventories — Stock … Read more
Markets Slip as Foreign Investors Pull Back Stock markets weakened after another round of foreign fund outflows, with analysts saying persistent selling by overseas investors and soft global cues dented investor sentiment. The trend has left domestic markets vulnerable to swings even when local economic signals remain steady. Why foreign fund outflows matter Foreign institutional … Read more
Dollar weakness keeps rupee from slipping further Forex traders say the rupee found support after the US dollar weakened in overseas markets. The softness in the greenback is being driven by growing expectations that the US Federal Reserve will cut interest rates in December. Why the dollar is under pressure Markets are increasingly pricing in … Read more
The Indian rupee found support after a softer U.S. dollar in overseas markets, as traders increasingly priced in a possible U.S. Federal Reserve rate cut in December. Forex participants said the dollar’s retreat helped limit downside pressure on the rupee at lower levels. Dollar weakness and Fed expectations Markets have been reacting to growing expectations … Read more
Investor sentiment turned cautious as markets awaited the U.S. Federal Reserve’s policy meeting, which is expected to give fresh signals about the path of interest rates. Traders and portfolio managers paused for clues on whether rates will stay higher for longer or begin to ease, and that caution showed up in softer risk appetite and … Read more
Dollar demand weighs on market mood Growing demand for the US dollar from corporates, importers and foreign portfolio investors has cooled investor enthusiasm. The uptick in dollar purchases is putting pressure on the local currency, stirring volatility in equity and debt markets and prompting investors to reassess short-term risk. What’s driving the dollar appetite? Corporate … Read more