Indian markets are currently volatile. Metals showed some gains due to copper prices. The Reserve Bank of India policy and Q2 results are key triggers. BFSI sector may lead if the policy is favorable. Construction and infrastructure sectors are also promising. Metals have a long-term positive outlook.
US Federal Reserve chair Kevin Warsh says he will stick by 2% inflation target, vows to bring in real-time economic data for making interest rate decisions
Federal Reserve Chairman Kevin Warsh declared unwavering commitment to the 2% inflation target, signaling no monetary policy easing despite President Trump’s calls for rate cuts.