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The domestic currency closed at 83.44 per US dollar on Wednesday, sliding from 83.38 Tuesday. So far in 2024, the Indian currency has depreciated 0.3% against the US dollar.
The NYMEX futures price for natural gas recently hit a 30-month low (see NYMEX Henry Hub Crashing and Burning – Lowest Close in 30 Months). There's an old economics bromide that goes, "The cure for low prices is low prices." Meaning when prices get low enough, manufacturers (or producers, in the case of oil and
We have watched, with some distress, the crashing and burning of the price for natural gas in recent weeks and months (see NYMEX Henry Hub Crashing and Burning – Lowest Close in 30 Months). It sure feels like we're back in the bad old days of "lower for longer" when it comes to the price
MARKET WRAPS Watch For: Weekly Jobless Claims; FedEx earnings Opening Call: Stock futures rose in the aftermath of the Federal Reserve's latest interest-rate rise. It's a...