AGP Executive Report
Last update: 10 hours agoCentral Banking & Digital Money: Oman’s Central Bank is moving ahead with its CBDC push, planning to appoint an independent assessor via a tender closing June 28 to validate feasibility, design, governance and implementation readiness. Markets & Macro: Japan warned it will take “decisive” action against currency speculation as the yen nears multi-decade lows, while investors also digested Fed-rate uncertainty and oil moves. Equities—IT Shock: Indian markets slid as Accenture cut its FY26 outlook, dragging Infosys, TCS, HCLTech and peers; the Nifty IT index fell sharply and Sensex/Nifty broke a winning streak. Housing & Credit: NSW will waive a foreign purchaser surcharge for large-scale build-to-rent and retirement living to attract capital and ease supply pressure; in South Africa, youth are building credit but face affordability hurdles delaying homeownership. Regulation & Fiscal Policy: Kenya’s Finance Bill 2026 cleared Parliament for President Ruto’s assent, while the UK Lords warned a financial services bill could weaken regulators’ accountability. Green Finance & Inclusion: Stanbic hit its sustainable trade finance target early, and Cambodia launched a climate lending facility backed by the Green Climate Fund to mobilize private investment. Scams & Consumer Risk: Authorities warned about counterfeit US currency schemes alongside other marketplace frauds.
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.