The Federation of Indian Export Organisations recently said US sourcing firms and Chinese exporters are approaching Indian enterprises to supply goods to the US as high US tariffs are making it tough for them to ship directly there.
Chinese firms are eager to pass on their export orders to Indian firms for a commission so that shipments continue and business ties with the US are intact, it said.Read More

Consumer inflation expectations in the euro area for the next 12 months and three years rose in March 2025, while perceived past inflation stayed at 3.1 per cent, the ECB said.
Five-year inflation expectations, published separately for the first time, held at 2.1 per cent.
Income growth expectations were stable, spending growth outlook softened, and unemployment expectations eased.Read More

In the ASEAN region, the IMF recently projected a relatively rare current account surplus of 2.3 per cent of GDP for Cambodia this year, reversing a deficit of 1.7 per cent last year.
But this surplus is forecast to drop to 1.1 per cent of GDP next year.
The Philippines is forecast to suffer the biggest deficit among ASEAN economies cent, followed by Myanmar, Indonesia and Laos.Read More

ICE cotton futures fell on Tuesday, with the July 2025 contract hitting its lowest level since April 16 amid a stronger US dollar, weak demand, and favourable US weather.
Global economic uncertainty, soft mills’ demand in Asia, and falling grain prices added pressure.
July cotton settled at 66.49 cents/lb, down 1.06 cents. Market sentiment remains bearish.Read More