Group 1 - International silver is currently trading below $38.01, with a recent report indicating a price of $38.00, reflecting a 0.44% increase from the opening price of $37.82 per ounce [1] - The highest price reached today was $38.07, while the lowest was also $38.07, indicating a short-term bullish trend in the silver market [1] - Analysts suggest that silver has room for further increases, with potential targets around $38.5, while support levels are noted at $37.65 and $37.50 [4] Group 2 - President Trump has imposed an additional 25% tariff on Indian goods due to India's continued purchase of Russian energy, raising the total tariff rate to 50% [3] - Following this announcement, the iShares MSCI India ETF dropped to a session low, and oil prices increased, indicating market reactions to the tariff news [3] - The U.S. is set to raise import tariffs on several trade partners, including India, as part of a strategy to reduce trade deficits and boost domestic manufacturing [3]

Group 1 - Concerns over tariffs have reignited market fears, leading to a withdrawal of funds from emerging markets, ending a nine-week streak of net inflows totaling $15.9 billion [1] - For the week ending August 1, emerging market ETFs listed in the U.S. experienced a total net outflow of $1.11 billion, contrasting sharply with the previous week's net inflow of $2.36 billion [1] - The outflow included $0.89 billion from equity ETFs and $0.222 billion from bond funds, putting pressure on emerging market asset prices [1] Group 2 - India has become the epicenter of this capital outflow, with a net outflow of $298.2 million last week, the highest among all emerging markets [2] - The iShares MSCI India ETF, with nearly $10 billion in assets, saw a $21 million outflow, marking the first weekly net decrease since April [2] - The direct cause of the capital withdrawal is attributed to the Trump administration's trade actions, imposing a 25% tariff on Indian goods, higher than tariffs on other Asian countries [2] Group 3 - Investor sentiment has turned cautious due to rising risks in emerging markets, prompting a reassessment of investment strategies [3] - Concerns over potential higher tariffs on India and other emerging markets have led to fund redemptions, increasing the risk exposure for many investors [3] - The fragility of trade agreements is highlighted as a significant risk, with ongoing tensions likely to resurface during detailed negotiations [5]