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PMS Monthly Communication - July 2026
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PMS Monthly Communication - July 2026

PMS Monthly Communication - July 2026

During the month risk sentiment turned decisively positive as the war in the Middle East began to de-escalate and Brent crude prices started to fall below USD 75 after peaking at USD 120 per barrel in April. Major Global Equity markets remained constructive in June month as investors continued to price in geopolitical de-escalation. For the month US S&P 500 was negative & Japan’s Nikkie index was positive. The US Fed kept its policy rate unchanged at 3.5-3.75%, as widely expected.