Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes 
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data 
The Indian rupee is expected to trade between 85.80 and 86.70 this week, with a slight weakening bias, as markets assess the extent of the U.S. dollar's rebound. The rupee closed at 86.1475 on Friday, slipping 0.4% over the week. The dollar index has risen 1.5% in July so far, fueled by robust U.S. data and concerns that tariffs may be reigniting inflation, dampening expectations of imminent Federal Reserve rate cuts.
Traders will closely watch Fed Chair Jerome Powell’s remarks on Tuesday amid renewed political pressure from President Trump to ease rates. Currently, the probability of a U.S. rate cut in September stands at around 53%, according to CME’s FedWatch tool.
India’s 10-year benchmark bond yield, currently at 6.3058%, is likely to move within the 6.28%–6.33% range, with potential upward pressure from the government’s ₹300 billion ($3.5 billion) bond issuance on Friday. The Reserve Bank of India’s (RBI) recent liquidity tightening—draining ₹2 trillion from the banking system—also remains a key factor.
Domestic focus will be on RBI’s policy direction following a more-than-six-year low in June inflation and expectations of a further drop in July, raising prospects of another rate cut. AllianzGI's Giulia Pellegrini noted that weak economic data could prompt further monetary support, making Indian bonds attractive to investors.
Forex consultancy IFA Global suggests importers hedge near 86 and exporters at 86.25. Meanwhile, foreign portfolio flows may respond to India-U.S. trade negotiations and the upcoming earnings season.
Key data this week includes India’s July Flash PMI (July 24) and U.S. housing and jobless claims data, which could further sway forex and bond market sentiment.
