May 16, 2026

Rising oil prices, gold imports to widen trade deficit, CAD may touch 1.5-2% of GDP: ICICI Securities

Rising oil prices, gold imports to widen trade deficit, CAD may touch 1.5-2% of GDP: ICICI Securities

Synopsis With the West Asia conflict persisting and global oil prices likely to average around USD 100/bbl, India’s current account deficit could rise meaningfully this year, ICICI Bank Global Markets warns. While resilient services exports should offer some cushion, the brokerage expects the current account deficit (CAD) to settle between 1.5-2 per cent of GDP,

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What Is the XRP Domino Theory? Analyst Explains How XRP Could Benefit From a Crisis

What Is the XRP Domino Theory? Analyst Explains How XRP Could Benefit From a Crisis

Crypto analyst Jake Claver is again making bold predictions around XRP through what he calls the “Domino Theory.” In his latest video, Claver explained how a chain reaction involving oil prices, Japan, stablecoins, banks, and crypto markets could eventually trigger a major liquidity crisis, with XRP potentially becoming one of the biggest beneficiaries. Domino 1:

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