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India's monetary policy committee is anticipated to initiate a rate hike cycle by increasing the policy repo rate by a minimum of 25 basis points during its upcoming meeting from October 5 to 7. Economists at State Bank of India also highlighted the need for immediate protective measures for the exchange rate to curb s
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but