The dollar is stagnant after last week’s drop when the Federal Reserve hinted at the end of the U.S. rate increase cycle. The focus is now on U.S. inflation and bank lending data. Sterling is hovering just below an 11-month high and will be monitored ahead of the Bank of England rate increase on Thursday
Why are metal stocks rallying: Explained!
Metal stocks have been on a roll lately. The Nifty Metal index has been up significantly, with gains of over 50%, in the last one