1. Geopolitical tensions have sharply increased in the Strait of Hormuz after Iran's military command issued a stern warning to the U.S. Navy not to approach the area, elevating risks in the global oil chokepoint.
2. Barclays has significantly revised its forecast, now expecting the U.S. Federal Reserve to keep interest rates unchanged through 2026, a reversal from its prior projection of a rate cut.
3. India is considering various measures, including a non-resident FX deposit scheme and tax relief, to attract U.S. dollar inflows and support its weakening Rupee currency.
Hormuz Tensions Escalate, Fed Rate Cut Hopes Fade, India Eyes Dollar Inflows
