Currency Market Headlines
1) Expectations for swings in India’s rupee declined to a three-year low as stocks rallied after a pickup in monsoon rains tempered concern inflation will accelerate.
2) The pound rose to the strongest level in 22 months against the euro as a report showing the U.K. jobless rate slid to the lowest since 2008 added to signs the economy can withstand higher interest rates.
3) New Zealand’s dollar slumped the most in seven weeks after the consumer price index increased less than economists forecast and a gauge of dairy prices dropped to the lowest level since 2012.
Debt Market Key Headlines
1. Continuing to bet big on the reform agenda of Narendra Modi-led government, overseas investors have poured in nearly Rs 17,000 crore in the Indian markets since the beginning of the month.
2. Net investments by foreign investors in equity market stood at Rs 7,505 crore ($1.25 billion) till July 11. Net inflow for the debt market was Rs 9,286 crore ($1.55 billion), taking the total amount to Rs 16,791 crore ($2.8 billion), shows the latest data.
Read detail analysis report here:- http://www.rrfinance.com/Reserch/ResearchHome.aspx
1) Expectations for swings in India’s rupee declined to a three-year low as stocks rallied after a pickup in monsoon rains tempered concern inflation will accelerate.
2) The pound rose to the strongest level in 22 months against the euro as a report showing the U.K. jobless rate slid to the lowest since 2008 added to signs the economy can withstand higher interest rates.
3) New Zealand’s dollar slumped the most in seven weeks after the consumer price index increased less than economists forecast and a gauge of dairy prices dropped to the lowest level since 2012.
Debt Market Key Headlines
1. Continuing to bet big on the reform agenda of Narendra Modi-led government, overseas investors have poured in nearly Rs 17,000 crore in the Indian markets since the beginning of the month.
2. Net investments by foreign investors in equity market stood at Rs 7,505 crore ($1.25 billion) till July 11. Net inflow for the debt market was Rs 9,286 crore ($1.55 billion), taking the total amount to Rs 16,791 crore ($2.8 billion), shows the latest data.
Read detail analysis report here:- http://www.rrfinance.com/Reserch/ResearchHome.aspx
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