Iran Attack in Strait of Hormuz Pushes Oil Prices Higher 
Japan Targets 1%+ Real Economic Growth With ¥370 Trillion Investment Plan 
Morgan Stanley Sees Chinese Auto Market Recovery Gaining Momentum in Late Summer 
South Korea’s KOSPI Plunges as Apple Price Hikes and OpenAI IPO Delay Shake AI Chip Stocks 
S&P Affirms Brazil’s BB Credit Rating with Stable Outlook Amid Fiscal Challenges 
US Dollar Slips After PCE Inflation Data as Fed Rate Hike Expectations Stay Elevated 
Asian Stocks Slip as US-Iran Ceasefire Hopes Lift Oil, Dollar Strength Persists 
China Sets 1.25% Overnight Reverse Repo Rate Below Market Expectations 
Oil Prices Drop as Middle East Supply Recovery Eases Market Concerns 
Wall Street Ends Mixed as Micron Surges, Apple Drops After Price Hikes 
US Dollar Slips After PCE Inflation Data Eases Fed Rate Hike Expectations 
SpaceX Eyes Starlink Mobile Phone Service to Challenge Verizon, AT&T, and T-Mobile 
China Factory PMI Seen Returning to Growth in June as AI Export Demand Supports Economy 
Asian Currencies Stay Range-Bound as Investors Eye China Data, RBNZ Outlook and U.S.-Iran Ceasefire 
Oil Prices Rise as US-Iran Tensions Threaten Strait of Hormuz Oil Shipments 
Bank Regulation Rollbacks in the U.S. and UK Could Increase Financial Risks, Study Warns 
Oil Prices Rebound as Strait of Hormuz Tensions Return After Ship Attack Near Oman 
FTSE Russell to Include India and South Korea Bonds in Global Indices
FTSE Russell announced it will include India’s sovereign bonds in its Emerging Markets Government Bond Index (EMGBI) starting September 2025, following similar inclusions by JP Morgan and Bloomberg. This move is expected to attract billions of dollars in foreign investments to India's bond market.
India’s bonds, which will represent 9.35% of the EMGBI, were on FTSE’s watchlist for three years. The index, with a total market value of $4.7 trillion, will significantly boost demand for Indian bonds, which have already seen $18.5 billion in foreign inflows since JP Morgan’s announcement in September 2023.
In addition, South Korea’s government bonds will be added to the FTSE World Government Bond Index (WGBI) in November 2025, after two years on FTSE's watchlist. South Korean bonds will make up 2.22% of the WGBI, presenting new investment opportunities for international markets.
This inclusion of Indian and South Korean bonds in major indices underscores the increasing global appeal and accessibility of these emerging markets.
