Amidst global market volatility, BlackRock’s Ben Powell highlights India’s fixed-income market as promising due to easing inflation and the RBI’s accommodative stance. He suggests Indian government bonds offer attractive yields compared to global counterparts. Powell also emphasizes gold’s importance as a portfolio diversifier amidst geopolitical tensions and trade policy uncertainty.
Volatile yen draws intervention watch, other currencies subdued
In response to last week’s notable drop, currency markets have been closely monitoring the yen. Reports suggest that Japanese officials are conducting rate checks, hinting