π Brazil cools, India stockpiles, Korea sours as EM splits into three different trades
The day in view
π Brazil cools, India stockpiles, Korea sours as EM splits into three different trades
Brazil's IPCA cooled to 4.64% year-on-year in June, below the 4.80% forecast. India's bank credit growth accelerated to 18.6% and foreign reserves rose to $674.19bn. South Korea's consumer sentiment fell further below the neutral 50 line as tariffs weigh on exporters.