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India Inflation Risks Mount on Renewed US-Iran Tensions, El Nino

India’s stronger-than-expected inflation reading for June has left policymakers facing a more uncertain outlook, with renewed tensions around the Strait of Hormuz threatening to push up oil prices and a developing El Niño raising the risk of higher food costs.

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Traders Boost BOE and ECB Rate-Hike Bets After Oil Price Surge

Traders boosted wagers on faster Bank of England and European Central Bank interest-rate hikes after surging oil prices reignited inflation fears.

Indian Insurers Ask for Wider Use of Swaps to Hedge Rate Risks

Some Indian insurers are asking regulators to allow them to use more interest-rate hedging tools as they prepare to play a larger role in the country’s money markets, according to…

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