Market move● Neutral for Indian equities
Treasury yields are broadly flat as investors anticipate FOMC minutes
The brief
- US Treasury yields were broadly flat Tuesday after reaching fresh highs the previous day
- Stocks upbeat, dollar wobbles as Fed hike bets recede
- Gold firms as easing Fed hike bets offset dollar strength
- Asian shares rise as softer US jobs data cools Fed rate-hike bets
- Let exchange rate act as shock absorber: IMF on Fed hike impact on India
- Fed and ECB minutes to detail inflation concerns as rate-hike bets fade