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Market move● Neutral for Indian equities
ASX 200 falls for fourth straight week ahead of RBA decision
The brief
- ASX 200 fell for a fourth straight week ahead of the RBA decision
- Persistent inflation lifted expectations of further rate hikes after three increases earlier this year
- Markets pricing an excessive 125bps rate hike over the next one year: Nomura
- Daily Voice: RBI stance shift likely in October, rate hike in December, says Valtrust's Rahul Bhutoria
- ETMarkets Smart Talk | Rate-cut cycle over, RBI may be at cusp of rate hikes; yields could inch higher: Puneet Pal
- Brazil inflation accelerates ahead of a tight presidential race
- Nomura’s Subbaraman sees higher interest rates as the new normal, expects 2 more RBI hikes this year