Sustained buying by overseas funds in Indian government bonds faces a sudden trend reversal due to firm American economic data and rising US bond yields. The surge in US yields and oil prices adds uncertainty to India s inflation and trade deficit outlook.
Wall Street stocks dipped in early trading as US earnings season unofficially began. Major US. bank fourth-quarter profits fell, and an S&P 500 bank index was down 0.9%.
Don't expect the Fed to stop amid strong growth, higher inflation.
By Ipek Ozkardeskaya, Senior Analyst | Swissquote Bank
The US dollar was
Safe-haven flows likely to head Swiss franc and gold's way as US debt concerns and liquidity concerns grow A week filled with Fed speak will see Wall Street