The US data since the last FOMC meeting were mixed as the Manufacturing PMIs remain below 50 since the start of the year while labour market still remains tight as seen in ADP figures. Meanwhile, the non-farm payrolls continued to decline over the past 2 months, showing early signs of moderating Jobs growth
Tariff shock turns FIIs to sellers in April. Analysts flag global risk but back India’s fundamentals
Foreign institutional investors reversed course in early April, spurred by rising global trade tensions following US President Trump’s announcement of steep tariffs. This led to
April 5, 2025