New Zealand’s dollar surged the most in four months

Cuurency Today’s Headlines

1) New Zealand’s dollar surged the most in four months after the central bank raised interest rates and flagged further increases, boosting demand for the nation’s currency.

2) The pound appreciated for a seventh day versus the euro, extending the longest run of gains since September, as signs the U.K. economy is accelerating pushed the currency to its strongest level in 18 months.

3) South Korea’s government bonds rallied, pushing the three-year yield down by the most in five months, as the nation’s central bank said a strong won will have an adverse impact on growth.

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

Ruble Gains as Putin Orders Troop Pullback!

The Indian rupee snapped a four-day gaining streak on Tuesday, retreating from 11-month highs hit in the previous session after oil importers rushed in to buy dollars, while a rally in domestic shares slowed after powerful recent gains. Intervention from the Reserve Bank of India has been capping broader gains for the local currency, dealers said, as the central bank builds up currency reserves and is drafting a game plan to protect the rupee against the sort of rout that alarmed policymakers and investors last year. The partially convertible rupee closed at 58.63/63 per dollar versus 58.59/60 on Monday.
 

 Today’s Headlines

1) Indian Rupee Snaps Four-Day Advance on Dollar Demand
2) Aussie Slides after RBA Minutes as Euro Falls
3) Ruble Gains as Putin Orders Troop Pullback
4) U.K. Bonds Drop a Third Day as Pound Rises After Inflation Data
5) ECB Said to Weigh Fed-Style Meeting Schedule on Policy

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

Na Mo Effect on Markets!

Markets move on expectations, and right now the general feeling is that BJP is expected to come to power in May 2014.

For detail analysis report please visit:- https://www.rrfinance.com/Reserch/ResearchHome.aspx?NaMo=NDA