#AKGweeklycharts is an endeavor to pick 10 interesting insights from financial markets across the globe in the form of charts. Do share it with your friends and colleagues. Newsletter released every Monday morning!
India one of the worst countries in terms of inequality
India share in global trade has only marginally increased to ~3%
"Given cheap valuations, a prolonged period of weak capex (i.e. futures supply tailwinds to price), pandemic disruption, an expected weaker USD, and economic recovery (with potential overshoot), remain decidedly bullish here." : Goldman Sachs
Global Supply issues unlikely to resolve in a hurry
Operational Creditors and NOT Financial Creditors are the biggest users of IBC
Workplace mobility (7-day rolling averages) improving gradually in major Indian states
UPI payments registered double digit growth in June after two lull months
Both domestic and international price of rice has fallen. Source : World Bank
India Industrial growth back to pre-covid levels (partly due to low base effects)
Credit to large industry fell by 1.7% from 1.9% decline in Apr’21
