India announces plans to conclude FTA with the EU during visit to the EU next week
India's announcement to conclude a Free Trade Agreement (FTA) with the EU marks a significant step in trade relations that could enhance economic cooperation and market access for both regions.
[MARKET ANALYSIS] Crude on the backfoot despite rising tensions re. Iran
EU Sentix Index (Jan) -1.8 vs. Exp. -4.9 (Prev. -6.2)
India announces plans to conclude FTA with the EU during visit to the EU next week
SARB is reportedly working on a review of its Prime Lending Rate, via Bloomberg. This has historically been fixed at the policy rate +350bps.
Kazakhstan oil shipments from the Black Sea CPC terminal halted on Saturday, Bloomberg reports citing sources, this caused crude intake into the pipeline system to stop
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This move may strengthen India's position in global supply chains while potentially affecting trade dynamics within the EU, especially concerning competing markets. Traders should watch for reactions in related assets such as commodities and currencies as negotiations progress.
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