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Rupee seen higher on dollar slump as data backs Fed rate pause

The Indian rupee is poised to open higher on Friday, tracking losses on the dollar after a jump in U.S. jobless claims made it more likely that the Federal Reserve will refrain from raising rates next week.

India , Mumbai , Maharashtra , United-states , Americans , Nimesh-vora , Nivedita-bhattacharjee , Reuters , Federal-reserve , Thomson-reuters-trust-principles , Treasury-research , Reserve-bank

S&P, Nasdaq hit fresh 2023 highs as Tesla rallies

Tesla shares jumped after a tie-up with GM, while investors awaited next week's inflation data and U.S. monetary policy decision.

Bengaluru , Karnataka , India , Rick-meckler , Vinay-dwivedi , Sruthi-shankar , Cmegroup-fedwatch , Microsoft-corp , Nasdaq , Netflix-inc , Nvidia-corp , Adobe-inc

US drillers cut oil and gas rigs for sixth week in a row - Baker Hughes

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a sixth week in a row for the first time since July 2020, energy services firm Baker Hughes Co said in its closely followed report on Friday.

Saudi-arabia , Russia , Organization-of-petroleum-exporting-countries , Reuters , Us-energy-information-administration , Goldman-sachs , Mcdonald , Thomson-reuters-trust-principles , Baker-hughes-co , Executive-vice-president-beth-mcdonald , Pioneer-natural-resources

Indian rupee to fall at open tracking yuan slide, eyes RBI outcome

The Indian rupee is poised to open lower on Thursday, pressured by the Chinese yuan-led fall in Asian currencies, while awaiting the Reserve Bank of India's decision on interest rates.

Canada , Mumbai , Maharashtra , India , Australia , China , Chinese , Nimesh-vora , Sonia-cheema , Federal-reserve , Reuters , Thomson-reuters-trust-principles

PREVIEW Malaysia's end-May palm oil stocks seen rising as output hits 5-month high

Malaysia's palm oil inventories at the end of May are expected to rise as production swells to its highest so far this year while exports remain flat, a Reuters survey showed on Tuesday.

Malaysia , Indonesia , India , Kuala-lumpur , Malaysian , Nagaraj-meda , Kanupriya-kapoor , Malaysian-palm-oil-board , Reuters , Thomson-reuters-trust-principles , Thomson-reuters-trust , Pre

Indian shares set to open higher on hopes of Fed rate hike pause

Indian shares opened higher on Monday, tracking gains in the broader Asian market, as mixed U.S. jobs data bolstered expectations that the Federal Reserve may skip an interest rate hike later this month.

Bengaluru , Karnataka , India , Singapore , Rama-venkat , Eileen-soreng , Krishnan-akhileswaran , Thomson-reuters-trust-principles , India-tata-group , Federal-reserve , Apollo-hospitals-enterprise-ltd , Reuters

Dollar bears bide their time as U.S. economic strength persists

A strong U.S. economy is giving an unexpected boost to the dollar, frustrating bearish investors betting on its decline.

United-states , America , Saqib-iqbal-ahmed , Bipan-rai , Alvise-marino , Aaron-hurd , Christine-lagarde , Leslie-adler , Brian-rose , Ira-iosebashvili , Bofa-global-research , Commodity-futures-trading-commission

Oil prices jump more than $2 per barrel after Saudi pledges to cut more output

The cut comes on top of a broader deal by OPEC and its allies, including Russia, to limit supply into 2024 as the group seeks to boost flagging oil prices.

Singapore , Saudi-arabia , Nigeria , Texas , United-states , Angola , United-arab-emirates , Russia , Saudi , Florence-tan , Organization-of-the-petroleum-exporting-countries , Reuters

Indian shares seen opening higher as Fed rate hike view eases

Indian shares are set to open higher on Friday as expectations of an interest rate pause from the U.S. Federal Reserve boosted global risk sentiment and strong domestic macroeconomic factors added support.

United-states , Singapore , Sanand , Gujarat , India , Mumbai , Maharashtra , Bengaluru , Karnataka , Americans , Janane-venkatraman , Thomson-reuters-trust-principles

Rupee to rise more after dollar's biggest fall in a month

The Indian rupee is expected to open higher on Friday after the dollar index saw its worst session in almost a month on upbeat risk and wagers that the U.S. Federal Reserve will not raise rates at the June meeting.

Mumbai , Maharashtra , India , Dhanya-ann-thoppil , Nimesh-vora , Reuters , Thomson-reuters-trust-principles , Wall-street-journal , Dhanya-ann , Thomson-reuters-trust , Mktrep , Rep