Currency Market Today’s Headlines
1) India’s central bank signaled it would ease monetary policy if inflation slows faster than anticipated as it left interest rates unchanged for a second straight meeting. Stocks rose to a record high.
2) The pound rose against the dollar as a report showed U.K. house prices climbed to a record in May amid an economic recovery that sent the British currency to an almost five-year high last month.
3) India’s benchmark stock index rose to a record after the RBI’s rate decision and the yield on the 10-year government bond fell to 8.61 percent from 8.66 percent yesterday.
Read detail currency report here: - http://www.rrfinance.com/reserch/MorningBell/Cr_MorningBell.pdf
1) India’s central bank signaled it would ease monetary policy if inflation slows faster than anticipated as it left interest rates unchanged for a second straight meeting. Stocks rose to a record high.
2) The pound rose against the dollar as a report showed U.K. house prices climbed to a record in May amid an economic recovery that sent the British currency to an almost five-year high last month.
3) India’s benchmark stock index rose to a record after the RBI’s rate decision and the yield on the 10-year government bond fell to 8.61 percent from 8.66 percent yesterday.
Read detail currency report here: - http://www.rrfinance.com/reserch/MorningBell/Cr_MorningBell.pdf
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