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India's trade minister said the signing of a US-India trade agreement will take longer than expected because the US initially imposed 50% tariffs on Indian goods.

2026-06-22

India's trade minister said the signing of a US-India trade agreement will take longer than expected because the US initially imposed 50% tariffs on Indian goods.

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2026-06-22

A-share liquor stocks rallied in the afternoon, with Jiugui Liquor rising over 7%, Jinhui Liquor and Shede Liquor rising over 3%, and Kweichow Moutai and Jinzhongzi Liquor rising over 2%.

A-share liquor stocks rallied in the afternoon, with Jiugui Liquor rising over 7%, Jinhui Liquor and Shede Liquor rising over 3%, and Kweichow Moutai and Jinzhongzi Liquor rising over 2%.
2026-06-22

Galaxy Securities says 1H26 Middle East conflict pushed oil and inflation expectations higher, flipping market expectations from Fed cuts to a possible in‑year hike and, together with liquidity realization, caused gold to spike then come under pressu

Galaxy Securities says 1H26 Middle East conflict pushed oil and inflation expectations higher, flipping market expectations from Fed cuts to a possible in‑year hike and, together with liquidity realization, caused gold to spike then come under pressure. Markets have largely priced a single Fed hike in H2 into gold. If H2 sees easing of the Middle East conflict and any Hormuz blockade, oil and inflation would likely fall and market expectations for marginal Fed easing could re-emerge, supporting a renewed gold rally. Separately, escalating strains in global order and US debt/credit risks are accelerating de-dollarization and a re‑anchoring of the global credit/currency system, prompting central banks, institutions and households to increase gold allocations; Galaxy says this supports a medium‑to‑long‑term uptrend in bullion and higher valuations for China’s A‑share gold sector.
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