Open: London Session | Forex, Metals, Oil, Agriculture May 26, 2021



It included General Electric Co. as well as long-forgotten names like American Cotton Oil and Distilling & Cattle Feeding.


It has crossed over an important level of 73 and, going ahead, dollar movement and the FPI flows are likely to keep the rupee positive. “A weak dollar should underwrite emerging market performance despite very mixed vaccine roll-outs to date,” they said in anote. So, the dollar is likely to witness further depreciation wherein it can touch 89.3 in the coming week. The dollar index has been moving in a sideways trend over the past few trading sessions.
Moreover, based on the dollar’s Real Effective Exchange Rate, the greenback cannot be described as being ‘cheap’.


Gasoline inventories fell by 2 million barrels andd istillate stocks fell by 5.1 million barrels, the data showed, according to the sources.

United States

Today, Wall Street continues to use Zacks research including the Zacks Rank and Zacks Equity Research, which combines the best of quantitative and qualitative analysis. The Census Bureau’s mid-month population estimates show a 76% increase in the US population since 1963. Cummings hearing, Fed taper talks timeline, Biden to meet Putin and Amazon sued. The data since January 1963 is available in the St. Louis Fed’s FRED repository here. Unheard of in the days when all Wall Street could say was “Buy”.


The court is expected to rule on the EU s request in the next month, but regardless of the outcome, that self-imposed inoculation deadline is fast approaching. The self-inflicted wound of Brexit definitely helped gilts, although I doubt even the most ardent Brexiteer could paint this as a patriotic triumph for the U.K. Treasury. France, meanwhile, is considering further curbs on passengers arriving from the U.K.Taper Talks TimelineU.S.