AGP Executive Report
Last update: 5 hours agoRates & Inflation: Central banks held rates steady, but the Fed and ECB left the door open to December hikes. The Bank of England is expected to raise rates to 4% this week as energy costs stoke inflation; UK household energy bills could jump 27% in January. Tech & Markets: Intel’s weak outlook sent its shares down about 30% and deepened a global chip selloff, as investors question whether Big Tech’s heavy AI spending will pay off. US elections, jobs data and major earnings could add to volatility this week. India Outlook: The RBI says strong domestic demand and policy support are helping sustain growth despite crude prices reaching $121 a barrel, while warning that external challenges remain. Chips & Copper: SK Hynix expects memory demand to outstrip supply through 2030. Chile’s Cochilco cut its 2026 copper output forecast to a 8.4% decline, citing mine disruptions and lower ore grades.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
Perspectify News
