The Core Report #720 Markets Seek Direction
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Nov 6, 2025 Atul Chaturvedi, Special Advisor at the Asian Palm Oil Alliance, discusses the significance of soybean imports in US-India trade talks. He highlights pressures on US farmers and India's constraints on soybean meal imports. Amit Pabari, Managing Director at CR Forex, reveals the complexities behind Indigo's recent forex losses and explains hedging strategies for Indian corporations. They also touch on potential compromises for easing import duties on soybean oil, showcasing the intricate interplay between agriculture and finance.
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AI-Washing Explains Many Layoff Claims
- Companies often claim AI as the reason for layoffs but evidence shows AI rarely causes large immediate headcount cuts.
- Peter Capelli and experts say implementing AI to save jobs is complex and slow, so 'AI-washing' is common.
Markets Are Less Eager To Buy The Dip
- US investor enthusiasm has cooled despite strong earnings, weakening the "buy the dip" reflex.
- A softer dollar and possible Fed rate cut expectations are lifting gold above $4,000 per ounce.
Rice Surplus Is Pressuring Prices
- Global rice output is hitting record highs, pressuring Asian benchmark prices to decade lows.
- Large inventories and bumper Indian harvests are creating a surplus that hurts farmers' incomes.