Tuesday 10 June 2014

U.K. industrial production rose for a third month in April!

1) The yen rose the most in almost a month versus the euro on speculation Bank of Japan stimulus will be sufficient to boost the economy while the European Central Bank will expand currency-debasing measures to revive growth.

2) U.K. industrial production rose for a third month in April, driving the annual increase to the biggest since 2011. Output rose 0.4 percent from March, when it gained a revised 0.1 percent, the Office for National Statistics said.

3) The gap between West Texas Intermediate and Brent narrowed to the least in almost two months as U.S. crude stockpiles were forecast to fall and Ukraine said peace talks with Russia yielded progress.


http://en.wikipedia.org/wiki/Pound_sterling

Debt Market Key Headlines

1) India will likely raise the foreign investment limit in government debt soon, as almost all the allocation has already been taken up as overseas buyers pile into the country's financial markets, said four officials with direct knowledge of the government's thinking. The current cap is 995.46 billion rupees ($16.86 billion).

2) Foreign investors have poured in a staggering Rs. 19,772 crore ($3.35 billion) into the Indian debt market in May - the highest monthly inflow in about two and a half years.

Read detail analysis report here:-
http://www.rrfinance.com/Reserch/ResearchHome.aspx

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