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.

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

Euro Falls to Two-Month Low versus Yen on ECB Bets

The Indian rupee rose on Tuesday to its strongest close against the dollar in nearly 10 months as shares surged to record highs after exit polls showed opposition Bharatiya Janata Party and its allies clinching a majority in the country's elections. Markets have been already pricing in a win by the BJP, hoping that the coalition led by Narendra Modi would revive an economy growing at its slowest pace in a decade and attract more foreign investment. J.P.Morgan estimates that RBI interventions since February have totaled nearly $20 billion, with an estimated $4.1 billion in dollar purchases since the start of May, according to a note on Tuesday.

 

Today’s Headlines

1) Euro Falls to Two-Month Low versus Yen on ECB Bets
2) Pound Weakens as Rate-Increase Bets Pushed Back After BOE
3) Ukraine Crisis Weighs on East Europe as EBRD Meets
4) Former BOJ Policy Maker Sees Japan Inflation Dilemma
5) WTI Rises for Third Day as Cushing Stockpiles Drop

Find full analysis report here: - http://www.rrfinance.com/reserch/MorningBell/Cr_MorningBell.pdf

Traders expect the rupee to continue to hold in a tight 59.80 to 60.20 per dollar

The Indian rupee gained for a second consecutive session on Friday to a near one-month high, sparking suspected central bank intervention after shares surged to a record high on hopes the opposition Bharatiya Janata Party would win a majority in elections ending next week. Traders expect the rupee to continue to hold in a tight 59.80 to 60.20 per dollar on Monday ahead of exit polls due to be released after 1830 India time. Though these polls have proved unreliable in previous elections, traders expect to get some clarity on what the final results to be released on May 16 may look like.

 Today’s Headlines

1) Asian Currencies Complete Weekly Advance Led by Philippine Peso
2) Euro Weakens Third Day on Outlook for ECB Stimulus
3) Deutsche Bank Currency Crown Lost to Citigroup on Volatility
4) Pound Set for Weekly Gain as U.K. Output Beats Analyst Estimates
5) Ukraine Renews Dialogue Offer as Russia Holds Army Drills

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

Pound Rises to 4-Year High on Growth Bets, Takeover Deals

The rupee ended little changed on Monday, retreating from a one-week high hit earlier in the session as domestic shares fell for a second consecutive session and as caution prevailed ahead of the Federal Reserve's meeting this week. Flows were dominated by large month-end dollar demand from oil companies, although that was offset by strong selling of the U.S. currency by a large engineering firm earlier in the day. Trading in the rupee is expected to remain range-bound with investors monitoring global factors such as tensions in Ukraine, as well as foreign flows into domestic markets, all while the outcome of elections looming next month.

Today’s Headlines

1) Rupee near One-Week High on Speculation Exporters Sold Dollars
2) Emerging Currencies Gain as Ukraine Tension Eases; Yen Declines
3) Brazilian Real Advances from Three-Week Low as GDP Outlook Rises
4) Pound Rises to 4-Year High on Growth Bets, Takeover Deals
5) Gold Bulls Return in Time for Rally on Ukraine Tensions

Read detail analysis report here:-http://inspiration.entrepreneur.com/clipper/rahul.saxena/entrepreneurs-109144/45765.html

Indian rupee rallied to an eight-month high!

The Indian rupee rallied to an eight-month high, boosted by continued foreign fund inflows into domestic shares, but suspected dollar purchases by the central bank prevented the currency from gaining much further. The RBI has long been expected to start buying dollars when the rupee strengthens to add to foreign exchange reserves of $297.29 billion-the highest since late December 2011. The central bank's Dollar purchases would reflect the strength of a rupee rally. The RBI had to regularly buy the domestic currency just about half a year ago to keep it from hitting record lows.

Today’s Headlines

1) India’s Rupee Climbs to Eight-Month High on Election Optimism
2) Aussie Rises to 4-Month High; Franc Falls
3) Pound Advances against Euro as Weale Says Rates Should Increase
4) Gold Trades above Five-Week Low as Ukraine, Weighed

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