Indian equity benchmarks settled marginally higher Wednesday, possibly due to some fresh buying, but analysts are of the view that uncertainty around the India-US trade front will continue to remain key headwinds.
Claiming that the US-Indonesia trade deal was a "clear example of how aggressive US pressure can force" countries to ink one-sided agreements, think-tank Global Trade Research Initiative (GTRI) suggested India to be careful and not "fall into the same trap".
Trump, while speaking to reporters during a bilateral meeting with Bahrain's Crown Prince Salman bin Hamad bin Isa Al Khalifa, emphasised that August 1 will be a significant day, when a lot of money will come into his country.
India's export status is expected to remain unchanged, as the trade data indicates strong growth opportunities in selected key product categories, according to the quarterly trade watch by government think tank, NITI Aayog.
Taiwan's National Financial Stabilisation Fund will continue to support the local stock market after having been active from April 9 through the end of June, according to a statement released on Monday following a regular committee meeting, as reported by Focus Taiwan.
India's export data for the month of June 2025 will be released later in the day. Amid Iran-Israel hostilities that ended in a ceasefire, uncertainties on US tariffs and a relative spike in global crude prices is likely to have its impact on June trade data.
India could see a significant boost in its apparel exports to the United States amid ongoing tariff tensions involving key Asian exporters, according to a recent report by the State Bank of India (SBI).
India is set to overtake Japan as the world's fourth-largest economy, marking a significant shift in Asia's economic balance, according to the latest Rubix Country Insights Report: Japan by Rubix Data Sciences.
South Korean exporters want new government to go for a strategic shift in the trade policy amid U.S. tariff risks, reveals a survey as reported by the Korea Herald.
The European Union has postponed the imposition of tariffs on goods imported from the United States until early August, despite Washington's decision to impose 30 per cent tariffs on products from the EU bloc.
Russia will not change its course if the US imposes 500% secondary tariffs, Deputy Foreign Minister Sergey Ryabkov said. He noted over 30,000 sanctions have already been imposed, and President Putin claimed the sanctions hurt the West more than Russia, RT reported.
US Secretary of State Marco Rubio and Russian Foreign Minister Sergey Lavrov met twice at the ASEAN summit in Malaysia to discuss the Ukraine war. Both sides signaled openness to dialogue. Rubio also met China's Wang Yi, amid rising US-China tensions and upcoming US tariffs on Asian nations.