Global stock markets are tumbling, yet India stands apart—its lack of AI exposure has paradoxically become an advantage.

Over the past month, India's Nifty 50 Index rose by approximately 1% against the broader market trend, while the MSCI Emerging Markets Index declined by more than 9%. As global AI-related trades cooled, India’s relatively low exposure to AI became an advantage, attracting capital inflows. Additionally, falling oil prices, a stabilizing rupee, and improving earnings expectations provided further support. However, high valuations remain a key constraint, with over 30% of index constituents trading at price-to-earnings multiples above 50x, making it difficult to fundamentally reverse the prevailing trend of capital outflows.

wallstreetcnJul 17 22:40

Strategists said a U.S.-Iran deal would drive a rebound in emerging market currencies and bonds.

Strategists said the prospect of a durable peace agreement between the U.S. and Iran has triggered gains in emerging market currencies and bonds, potentially marking the start of a stronger rally. The MSCI Emerging Markets Currency Index rose on Monday following the announcement by the United States and Iran of a temporary agreement to reopen the Strait of Hormuz. JPMorgan last week upgraded its rating on emerging market currencies to overweight, while Wells Fargo & Co noted that Asian currencies—particularly those linked to technology-driven economies—stand to benefit from improved market sentiment. Since the outbreak of war in late February, emerging market bonds and currencies have remained under pressure, as rising oil prices have weighed on energy-importing nations, fueled inflation, and intensified market concerns over monetary tightening.

Global Markets UpdateJun 15 15:08

“Peace Trade” Emerges! Bank of America Identifies Five Top Winners, with Most Oversold Assets Seen as Most Promising

The Trump administration, facing dual pressures from inflation and declining approval ratings, finds accelerating the resolution of the U.S.-Iran conflict to be its optimal choice, with rising asset prices serving as a core pillar supporting the 'America First' strategy. Bank of America strategist Hartnett has released a 'Peace Winners' list.

Golden10 DataJun 15 11:50

Express News | Tax recovery impacts imports, India’s April gold imports hit a near 30-year low

BreakingsApr 30 20:40

Reuters survey: Oil price shocks hit Asian currencies, with bearish bets on the Indonesian rupiah reaching a three-and-a-half-year high.

According to a Reuters survey, bearish bets on the Indian rupee, Indonesian rupiah, and Philippine peso have increased as volatile oil prices put pressure on Asian currencies, intensifying market concerns over inflation, external balances, and economic growth. The bi-weekly survey of 10 analysts, foreign exchange strategists, and economists showed that bearish bets on the Indonesian rupiah rose to their highest level since October 2022, while bearish positions on the Thai baht, Philippine peso, and Indian rupee also climbed. Analysts at Mitsubishi UFJ Financial Group noted in a report: "The Philippine peso and Thai baht will remain vulnerable due to their high correlation with oil prices."

Gelonghui FinanceApr 30 16:45

Express News | A Reuters survey shows a slight increase in short bets on the Indian rupee and the Philippine peso.

BreakingsApr 30 16:39