Asian stocks rallied as optimism grew that the war in Iran may be nearing an end, boosting investor confidence. The dollar fell and Treasuries extended gains as President Trump suggested a resolution within weeks. Markets are now shifting focus to policymakers’ responses to elevated energy costs and supply disruptions.
No need for a rate hike unless inflation spikes: Economists
Bank economists have told the Reserve Bank of India that there is no immediate need to raise the repo rate or change the monetary policy