Daily Digest Market Movers: Indian Rupee remains sensitive to multiple challenges 에서

18 Aug 2024, 14:56 · Views 69

The latest Reserve Bank of India (RBI) surveys indicated an Indian economy that slowed in the second quarter and is expected to continue.
The US Retail Sales came in better than expected in July, climbing by 1.0% MoM, compared to a decline of 0.2% in June, according to the US Census Bureau reported on Thursday.
The number of Americans filing new applications for unemployment benefits dropped 7K to 227K for the week ending August 10, better than the 235K estimated and down from 234K in the previous week.
US Industrial Production came in at -0.6% in July versus 0.3 prior, weaker than the market consensus of 0.3%.
Federal Reserve Bank of St. Louis President Alberto Musalem said on Friday that he believes the time is approaching when it will be appropriate for the Fed to cut interest rates as inflation is on a path towards the 2% target

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