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Trade and geopolitics also loom large with a U.S. tariff deadline on China due to expire on Tuesday amid expectations it will get extended again, while President Donald Trump and Russian leader Vladimir Putin are due to meet in Alaska on Friday to discuss Ukraine.
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News and Media
President Trump has pledged to address homelessness and crime in Washington, D.C., despite Mayor Bowser's assertion that the city is not experiencing a crime spike. Trump plans to evict homeless individuals and jail criminals, raising questions about the legal authority for such actions. Bowser highlights a reduction in violent crime and emphasizes ongoing collaboration with federal law enforcement.
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Foreign investors are increasingly pessimistic about Indian stocks, reaching a two-year high in bearish sentiment. Concerns stem from a weakening rupee, high valuations, and the impact of US tariffs on Indian exports. This has led to accelerated selling and a build-up of short positions in the derivatives market, reflecting a risk-off approach towards Indian equities.
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News and Media
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