SafeHavens JPY USD rise as Stock Markets plunge

Rates as of 0500 GMT Market Recap The selloff continues. Fridays shocking US consumer price index CPI is still reverberating through the markets. Some Wall Street economists were updating their calls for Fridays meeting of the Federal Open Market Committee FOMC, the ratesetting body of the US central bank. The consensus has been that they […]
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Indian Shares End Lower on Rate Hike Fears

BENGALURU, June 14 Reuters Indian shares ended lower on Tuesday as a surge in wholesale price inflation to 30year highs stoked fears of more interest rate hikes, offsetting positive cues from global peers. After swinging between gains and losses for most of the session, the NSE Nifty 50 index ended down 0.3 at 15,732.1. The index […]
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