Global tensions, fueled by U.S. tariff threats against Cuba and potential strikes on Iran, are weakening the dollar. Despite domestic hopes of averting a government shutdown, geopolitical strains are impacting U.S. assets. Meanwhile, Japanese inflation met the central bank’s target, offering a slight reprieve for the yen.
India defies West Asia war concerns as Q4 GDP growth hits 7.8%; risks remain ahead
India’s economy surged by a better-than-expected 7.8% in the March quarter, exceeding forecasts and pushing FY26 growth to 7.7%. This robust performance was driven by