AGP Executive Report
Last update: 5 hours agoTreasury Turmoil: The 10-year US yield jumped to 4.943% and the 30-year to 5.37% as oil prices, sticky inflation and heavy US borrowing reignited bond-market stress. Fed Watch: CME FedWatch is pricing roughly 87% odds of a quarter-point hike ahead of the Sept. 15–16 decision, keeping markets jittery. Corporate/Banking: Moody’s assigned RBL Bank’s $350m fixed-rate notes a Baa2 rating with a stable outlook, while Novartis slid after a Phase III failure. Trade & Industry: The US Commerce Department set final anti-dumping/countervailing duties on solar cells from India, Indonesia and Laos. Regional Finance: BRICS leaders pushed local-currency trade and de-dollarisation themes, with Xi proposing a five-point plan for a “larger integrated market.” Regulatory Warning: Saskatchewan’s regulator warned residents to avoid unlicensed Shoreline Direct forex/crypto trading. Deal Flow (India): ACME Solar commissioned a 66.68 MW Rajasthan phase; Gland Pharma approved buying Gland Pharma USA for restructuring.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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