AGP Executive Report
Last update: 6 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.
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