The UK FTA is poised to boost the Indian luxury spirits segment, potentially leading to a 15-20% price correction and accelerating volume growth to over 40%. While benefiting companies like United Spirits, this deal may challenge Indian brands to adjust their pricing strategies.
Dollar flat near one-week high as investors await Warsh’s Jackson Hole debut
The euro and sterling were subdued near one-week lows against the greenback, last at $1.1652 and $1.3597, respectively, though both remained on track for a
August 28, 2026