“Signs of a peak in inflation and lower incremental depreciation pressures on the currency increase the likelihood that RBI might dial down the scale of the hike in December to 35 basis points, after three consecutive 50-basis point increases, and the tightening cycle peaking in early 2033, ahead of the US Fed,” said Radhika Rao, senior economist, DBS Bank.
AI chip rally faces reality check, but bubble fears may be overdone: Adrian Mowat
South Korean chip stocks are experiencing a temporary dip, not an AI bubble burst, according to EM-Equity Strategist Adrian Mowat. He attributes the volatility to