Monsoon risks and RBI stance – DBS

Monsoon risks and RBI stance – DBS

DBS Group Research economist Radhika Rao assesses how a projected below normal monsoon in India, linked to a strong El Niño, could affect growth and inflation. She notes that only a significant rainfall shortfall tends to materially hit output, while higher irrigated area and ample foodgrain stocks offer mitigation. Rao expects the RBI to keep […]

Inflation path stays contained – ING

Inflation path stays contained – ING

ING’s Peter Virovacz notes that Hungary’s inflation accelerated in April but remained a positive surprise versus expectations, with headline Consumer Price Index (CPI) at 2.1% year-on-year and 0.4% month-on-month. Core inflation and other underlying measures still look favourable, suggesting second‑round effects are limited. ING’s base case sees inflation rising toward 4.0–4.5% by year-end, averaging around […]

US Dollar weakens ahead of key US CPI data and Fed speeches

US Dollar weakens ahead of key US CPI data and Fed speeches

The US Dollar Index (DXY) fell toward the 97.90 region on Friday, pressured by improving risk sentiment and easing safe-haven demand after reports suggested the United States (US) and Iran are still attempting to preserve a fragile ceasefire framework despite renewed military incidents in the Middle East. Market sentiment improved after US President Donald Trump […]