Tuesday 29 April 2014

Pound Falls From Near 4-Year High as U.K. GDP Misses Estimates

The Indian rupee strengthened on Tuesday on large dollar sales from companies, including exporters, while gains in Asian currencies helped support sentiment ahead of the outcome of the Federal Reserve's meeting this week. However, broader gains were capped as domestic shares fell for a third consecutive session, retreating from record highs hit on Friday, as momentum waned ahead of the conclusion of general elections next month. Global investors are largely awaiting the outcome of the two-day Federal Reserve's policy meeting on Wednesday, with the U.S. central bank widely expected to continue paring back its bond-buying monetary stimulus.


http://www.rrfinance.com/Reserch/ResearchHome.aspx

Today’s Headlines

1) Pound Falls From Near 4-Year High as U.K. GDP Misses Estimates
2) Yen Declines as Signs of Global Recovery Damp Demand; Won Gains
3) Draghi Tells German Lawmakers ECB Bond-Purchases Unlikely
4) Ruble Gains with Russian Bonds on ‘Mild’ Sanctions, Troop Pledge
5) Yellen’s Dots Dash Effort for Greater Fed Clarity on Rate Rises

Read detail analysis report here:- http://www.rrfinance.com/reserch/MorningBell/Cr_MorningBell.pdf

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