Arnab Das of Invesco analyses the US GDP dip. He attributes it to increased imports and policy uncertainties post Liberation Day. Tariff volatility and the ‘culture war’ also contribute. Trump administration’s actions against American institutions create uncertainty. Recent court rulings impact the trade war. Markets show a ‘soft dollar’ trend with international currencies performing well.
Crude at $120 poses multi-channel risk, but demand still resilient: Aurodeep Nandi
Rising Brent crude prices and a weakening rupee are raising concerns for India’s economy. Policy interventions, including controlled fuel prices and tax reductions, are currently