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US markets are nearing record highs, influenced by economic data and trade policies. Tax and spending legislation are under consideration. Donald Trump plans to negotiate the tax bill. The Senate will review the bill passed by the House. Trade war developments continue to impact global markets. Investors await the US employment report.
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News and Media
On May 23, President Donald Trump announced that he would approve an investment from the Japanese company to U.S. Steel.
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News and Media
The Indian rupee experienced a decline in May, becoming the worst-performing Asian currency due to tariff uncertainties, border tensions, and expectations of monetary easing. The rupee weakened by 1.27%, closing at 85.57/$1. While lower inflation and growth prospects offered some support, global economic factors and potential shifts in US monetary policy could further weaken the currency.
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News and Media
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