The median inflation forecast based on the Consumer Price Index (CPI) for 2024-25 is 4.8%, in line with the Reserve Bank of India’s projection for the year.

Even if the market is becoming more sceptical of U.S. government debt, an unbridled selloff of Treasurys is unlikely, DZ Bank Research said.

Besides expecting another round of positive US activity data, today’s FX focus will be on the Senate confirmation hearing of.