Indiaโs inflation data is flashing 2 completely opposite signals right now.
๐ CPI: 3.48%
๐ WPI: 8.30%
Retail inflation remains contained.
But upstream price pressures just exploded.
Historically, WPI tends to transmit into CPI with a lag of roughly 3-6 months in India, especially when fuel & energy lead the move.
The real story is not where inflation is today. Itโs where it may be heading next.
This chart explains everything ๐
๐ช๐๐๐ ๐๐๐ฎ๐ง๐๐ก๐๐ฌ ๐๐ฅ๐๐๐ญ๐ซ๐จ๐ง๐ข๐ ๐๐จ๐ฅ๐ ๐๐๐๐๐ข๐ฉ๐ญ๐ฌ
The National Stock Exchange of India (#NSE) announced the launch of Electronic Gold Receipts (EGRs), a new segment aimed at bringing greater transparency, efficiency and formalisation to India's gold market.
๐ช๐พ๐๐๐ ๐๐๐ ๐ฌ๐ฎ๐น๐?
EGRs are dematerialised securities that represent ownership of physical gold, which is stored in the Securities and Exchange Board of India (SEBI) accredited vaults and held electronically through depositories.
Each EGR is fully backed by physical gold and can be traded on the exchange, integrating gold into the formal financial system.
"Confirmed 1% hike" is wrong on two counts โ current rate is 0.75%, the move to 1.00% is 25bp, and BoJ hasn't confirmed anything. But the August 2024 reflex is the real signal: a 25bp BoJ move transmits more global risk than a 75bp Fed move because it routes through four systems at once โ currency, carry/liquidity, sovereign debt, and global collateral. Magnitude is small. Transmission is huge. Watch credit and EM, not Nikkei โ that's where positioning is now exposed.
BREAKING: The IMF just warned the world is on the brink of recession.
IMF cuts 2026 global growth forecast to 3.1% and warns of a close call for a global recession if the Iran war gets worse.
HERE ARE THE NUMBERS.
Base case: The war ends quickly and oil averages $82 per barrel. Global growth comes in at 3.1% for 2026. That is already 0.2 points lower than what the IMF predicted in January.
Adverse case: The war drags on and oil stays around $100 per barrel. Global growth drops to 2.5%.
Worst case: The conflict esclates, oil spikes further, and financial markets start to crack. Global growth falls to 2.0%.
That level has only been hit four times since 1980, the last two were 2009 after the financial crisis and 2020 during COVID.
Before the Iran war even started, the IMF was actually going to upgrade its global growth forecast to 3.4%, thanks to AI investment, lower interest rates, and less severe tariffs. The war erased all of that.
The IMF chief economist also warned that if the war continues, central banks may have to raise interest rates much more aggressively than they did after COVID.
The IMF and World Bank expect $20 to $50 billion in emergency support will be needed for low income countries already being hit by higher energy costs.
Oil near $100 is already doing damage. The question now is how long it stays there.
โผ๏ธ ETHEREUM FACES GROWING CONCERNS AS TOKEN STANDARDS FALL SHORT OF ISO 20022 COMPLIANCE NEEDED FOR INSTITUTIONAL ADOPTIONโผ๏ธ
โโฆexisting Ethereum token standards fail to meet key regulatory requirements, such as ISO 20022 compliance, which is critical for institutional payment adoption.โ๐ถโ๐ซ๏ธ
Documented.๐๐
The global financial order just got a major software update. โ๏ธ๐ป
A quiet "rewiring" between 2025โ2026 has merged traditional banking with blockchain infrastructure. From the US GENIUS Act to SWIFTโs new ledger, the rules of wealth are now written in code.
Key takeaways from the April 2026 Report:
๐น Stablecoins are the new digital dollar plumbing ($280B+).
๐น Ethereum is emerging as the world's default settlement rail.
๐น SWIFT is building its own blockchain with 40+ banks.
๐น Tokenisation is digitising everything from bonds to real estate.
This isn't just about tech; it's a battle for financial sovereignty. ๐๐
#DigitalFinance #Macro2026 #FinTech #Ethereum #Stablecoins #SWIFT #GENIUSAct
The global financial order just got a major software update. โ๏ธ๐ป
A quiet "rewiring" between 2025โ2026 has merged traditional banking with blockchain infrastructure.
From the US GENIUS Act to SWIFTโs new ledger, the rules of wealth are now written in code.
Key takeaways from the April 2026 Report:
๐น Stablecoins are the new digital dollar plumbing ($280B+).
๐น Ethereum is emerging as the world's default settlement rail.
๐น SWIFT is building its own blockchain with 40+ banks.
๐น Tokenisation is digitising everything from bonds to real estate.
This isn't just about tech; it's a battle for financial sovereignty. ๐๐
#DigitalFinance #Macro2026 #FinTech #Ethereum #Stablecoins #SWIFT #GENIUSAct
India is officially the world's "Resilience Hub" in 2026. ๐ฎ๐ณ
๐น Manufacturing: Surging on "China+1" shifts & massive state incentives.
๐น IT: Navigating visa hurdles by leading the global AI & Cloud pivot.
The structural shift is real. Check the breakdown below. ๐
#Economy #India #Manufacturing #FinTwit
This is not about an index. Itโs about risk movement.
๐ Credit stress โ
โ banks repackage exposure
โ risk moves outward
If CDS exposure reaches retail:
๐ The system isnโt breaking
๐ itโs redistributing risk
Risk doesn't disappear. It propagates.
Similar situation below:
A culture of blunt truth telling is critical for the success of any large system - company, or country. The moment the common metaphor becomes โornateโ, it is a system in decline.
@ankitatIIMA This is the kind of stuff hedge funds use to do.
Now retail investors can bet against private credit, too.
Michael Burry did similar betting against the US real estate market during the 2008 subprime crisis.
IFP Exclusive -
Is fake news harming India's foreign investment prospects?
Speaking anonymously to our team, a Hong Kong-based India fund manager made startling revelations on how foreign news outlets are actively weaponizing their financial networks to control foreign investment into and out-of India.
A thread ๐งต
@india_plus_ This is not just a currency story.
๐ Global liquidity tightens
โ EM currencies come under pressure
But Reserve Bank of India:
๐ curbs speculation
โ stabilizes flows
Result:
๐ rupee absorbs the shock better
@GoldTelegraph_ That's why it was already planned but made to look like a sudden move towards the Clarity Act. The plan is โdominance must go onโ. But the world is now aware.