AGP Executive Report
Last update: 11 hours agoMiddle East Relief Trade: Stocks and oil-linked names jumped as U.S.-Iran peace hopes eased crude, pulling Brent below $100 and lifting India’s OMCs and airlines; in early trade, Sensex and Nifty surged while Pakistan’s market also rallied on deal optimism. Fuel-Fueled Inflation Watch: India’s petrol/diesel rose again (fourth increase in under two weeks), keeping inflation pressure front and center as economists warn FY27 could run about 4.9% above the RBI comfort zone. US–India Trade Reset: Marco Rubio’s India visit focused on steadying ties and pushing toward a broader trade deal, with talks framed around energy, defense, and the Quad. Currency Shift in Asia: China–Pakistan trade is moving further away from USD, with roughly a quarter of trade already in yuan and new yuan-based financing steps. Malaysia Deal & IPO Pipeline: Eckem Holdings eyes a July 3 ACE listing, while VentureTECH backs AI/IoT aquaculture platform FishSpeak and AIFA moves to buy HyalRoute in a $2.31bn optics/AI infrastructure play. Business Sentiment Hit: Australia’s small-business confidence fell to the worst since Covid amid tax-change backlash.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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