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As of June 5, 2025, here's a market forecast combining global and Indian perspectives:
Global Economic Outlook:
* Slowing Growth: The overall global economic outlook is weakening. The OECD projects global growth to slow from 3.3% in 2024 to 2.9% in both 2025 and 2026. The UN's latest World Economic Situation and Prospects (WESP) update also forecasts a slowdown to 2.4% in 2025.
* Trade Tensions and Uncertainty: A significant factor in this slowdown is heightened trade tensions and policy uncertainty, largely attributed to President Trump's trade wars and increased tariffs. These are expected to disrupt global commerce, raise costs, and strain supply chains. Businesses are likely to delay or reduce capital expenditures, especially in trade-dependent sectors #June Market Forecast