🚨 JUST IN: China suspends its largest facilitator of short-selling in order to preserve market stability
Source: barchart
Is silver getting out of stock?
Source: Willem Middelkoop
The East-West divide: some evidences of the Saudi/Russia/China emancipation vs. the West
Source: Bloomberg
India increases gold reserves by the most in 2 years
Source: Barchart
How India's rupee went from most to least volatile currency in Asia
Source: Bloomberg
Modi's budget could send India stocks soaring higher
Source: Blomberg
Shanghai Containerized Freight Index (SCFI) keeps climbing, rising another 6.87% to 3714.32 points.
It has now increased for 12 consecutive weeks, reaching its highest level since early 2022. Source: MacroMicro
India is set to welcome billions of dollars of foreign inflows when JPMorgan adds the country’s sovereign debt to its emerging markets index on Friday
A move that some analysts say will leave it more vulnerable to fickle flows of hot money. The inclusion of India marks the first time the bonds of the world’s fastest-growing large economy have been included in a major benchmark and is the latest move to open up a once closed-off market. It was only in 2020 that India removed foreign ownership restrictions on some rupee-denominated debt. The inclusion of 28 government bonds worth more than $400bn will give India a 10 per cent share of the widely tracked measure, according to JPMorgan. About $11bn has flowed into Indian bonds as investors position themselves ahead of the formal inclusion, according to Goldman Sachs. The bank expects a further $30bn to arrive as the bonds are gradually incorporated into the index over the next 10 months, raising foreign ownership from around 2 per cent to about 5 per cent. Source: FT Link to the article >>>
