Saturday, January 11

Tag: United

USD/CAD holds above 1.4200 as hot United States PPI enhances United States Dollar

USD/CAD holds above 1.4200 as hot United States PPI enhances United States Dollar

Business
USD/CAD trades with moderate gains around 1.4215 in Friday's early Asian session. United States yearly PPI inflation increased to 3.0% YoY in November vs. 2.6% anticipated. Trump tariff dangers might weaken the Loonie, however greater petroleum rates may assist restrict its losses. The USD/CAD set posts modest gains to near 1.4215 throughout the early Asian session on Friday. The uptick of the set is strengthened by the firmer United States Dollar (USD) broadly after the hotter-than-expected United States Producer Price Index (PPI) inflation report. Information launched by the United States Bureau of Labor Statistics on Thursday revealed that the PPI for last need in the United States increased 3.0% YoY in November. This reading followed the 2.6% boost seen in October and can be fou...
India has possible to lead solar PV exports to United States, states IEEFA/JMK Research

India has possible to lead solar PV exports to United States, states IEEFA/JMK Research

General
This fast boost is because of numerous elements, among which was the postponed execution of the Approved List of Models and Manufacturers in April 2024-- which needs tenders to utilize just modules on the list-- and, subsequently, lower need for domestic solar modules throughout the shift duration. Another crucial aspect was the chance for Indian solar producers to diversify their earnings and offer their items at a greater rate. IEEFA approximates that revenue margins might be in between 40-60% greater when exporting modules to the United States, regardless of increased logistics expenditures. Exports to the United States have actually quickly increased in the previous couple of years, with India growing fourfold in between 2021 and 2023, from 2.2% to 9% share. In 2015 the nation went ...