Raining Cats and Dogs - July 16
In our June newsletter, we had highlighted that uncertainty over Brexit vote and FOMC meet would induce stock market volatility, and the ensuing...
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INDIA: Downside Risk to Rupee as Trade Data Remain Weak
After 18 months of consistent decline, exports recorded a marginal uptrend in June 2016 while the rate of decline in imports slowed. Exports grew...
176 Views
Masala Bond Market: HDFC Makes a Start; Ride Unlikely to Be Smooth; INR Outlook to Guide This Market
HDFC has become the first Indian issuer to a masala bond after it raised Rs30bn (US$450m) by selling a 3-year one-month maturity rupee denominated...
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INDIA: IIP Anemic Growth of 1.2% Inconsistent with GDP Growth of over 7%
The Index of Industrial Production (IIP) rose by an anemic 1.2% y-o-y in May 2016 after having declined by 1.3% y-o-y in April 2016. However, on a...
173 Views
Headwinds for India – Brexit and Its Impact Via Other Countries
As the global financial markets grapple with the decision taken by the UK to exit the EU, it is clear that the question of future referendums in...
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