IFA Global Weekly Outlook #1
Our Views Across Asset Classes
17 August 2025 | By IFA Global | Category - IFA Weekly Wrap - Newsletter
17 August, 2025
Markets This Week: Our Views Across Asset Classes
FX
The Dollar’s weakness against major currencies looks set to continue, although its slide may be more contained versus emerging market peers. For the Indian Rupee, we maintain a moderately bearish stance over the next six weeks, with an expected range of 87.10–88.10.
Bonds
We had earlier highlighted that 6.45–6.50% on the 10-year offered good levels to add duration to portfolios. While a sharp rally from current levels appears unlikely, we continue to prefer running down the curve and earning the carry.
Equities
For equities, the Nifty50 appears well-supported. A meaningful downside move looks probable only if the index breaks 24,250. On the upside, the potential removal of the 25% penalty, rationalization of GST slabs, and a delayed but positive impact of India’s sovereign rating upgrade are all factors that can provide further strength. We continue to prefer large-cap stocks from a long-term investment perspective.
Commodities
In commodities, Brent crude is likely to find support around USD 60 per barrel, with a breach possible only in case of a significant risk-off event. Precious metals remain a key theme—our outlook stays bullish, particularly on Silver, which we believe has strong upside potential.
The views and opinions expressed above are for informational purposes only and should not be construed as investment advice. IFA does not provide, and this communication is not intended to constitute, financial, legal, or tax advice. IFA neither solicits any funds for management nor offers investment advice through this communication.
Investors should thoroughly evaluate their individual financial situation and objectives before making any investment or hedging decisions. It is essential to consider these decisions in the context of an overall portfolio, taking into account personal risk tolerance, time horizon, and financial goals.
Past performance is not indicative of future results, and all investments carry inherent risks, including the potential for loss of principal. Any reliance on the information presented in this communication is solely at the reader's discretion. Always consult a qualified financial advisor before making significant financial decisions.
