Trump rules out a US diesel export ban
- Trump said the US would not ban diesel exports
- European nations will expand fuel availability within the market
- Lower risk of export curbs supports fuel availability for Indian refiners and fuel buyers
Event typePolicy
Clear ×
China opens anti-dumping probe into EU chemical imports ahead of trade talks
- China launched an anti-dumping probe into EU imports of p-nitrotoluene
- Beijing rejected claims that state support drives Chinese manufacturers’ competitiveness and threatened countermeasures against EU moves
- Trade diversion or tariff shifts could affect Indian specialty-chemical producers
Goyal pitches India as global trade hub, eyes 75-80% of world economy
- India is pursuing free trade agreements with 31 nations
- Piyush Goyal said India is targeting economies representing 75-80% of the world economy
- Trade deals could affect Indian exporters across sectors, including manufacturing and services
Bets on an October Fed rate hike fall as US job market cools
- The US added 29,000 jobs last month, below economists’ forecast of 90,000
- The unemployment rate rose to 4.2%
Fed officials give hints on rate decision as markets cut October rate hike odds
- Philip Jefferson and John Williams stressed patience and data dependence
- Markets sharply cut October rate hike odds
- Fed rate expectations can affect foreign flows into Indian equities
Dethroning FICO won’t much help US homeowners
- Bill Pulte wants more competition among US consumer credit agencies
- Borrowers may seek the most lenient credit agency