🌏 India's central bank builds a war chest as its factories stall
🌏 India's core sector is cooling, and that's exactly why some EM central banks can sit still
🌏 India's trade gap widens because of gold, not weak exports
🌏 EM central banks are pulling apart, not just from the Fed
🌏 South Africa's jobless rate hits a four-year high while Brazil's rate cuts stay on track
🌏 Brazil turns dovish as India's money supply runs hot
🌏 Brazil's disinflation is running faster than the Selic cutting cycle
🌏 Korea's rate hike is the good version of EM tightening, Iran's chokepoint threat is the bad one
🌏 Korea hikes rates while Brazil counts the cost of its own tightening cycle
🌏 India's inflation gap is widening, Korea's exports just hit a record, and South Africa's gold output is falling despite record bullion prices
