Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
The USDINR currency pair is expected to consolidate between a range of 65-66 over the near-term, according to reports from Commerzbank. There was some good news for the Modi government after the latest inflation figures showed signs of moderation and industrial production surprised on the upside.
September headline inflation rose 3.3 percent y/y (consensus: 3.5 percent) and at the same pace as August. Headline inflation in the first six months of the current fiscal year (April-September) stood thus at 2.6 percent and just below RBI’s projection of 2.8 percent. RBI is forecasting a firmer reading to 4 percent in the 2nd half of the fiscal year.
"As such, a continued pick up in coming months should not be a major surprise but merely in line with RBI expectations. The GST impact on inflation will remain one factor to watch. Against this background, we still expect RBI to leave rates on hold for the foreseeable future," the report said.
Meanwhile, FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
