Billionz Multi-Asset Weekly Newsletter
Domestic Equities Rally on Short Covering as IT Surges and STT Reconsideration Hopes Lift Sentiment Global Developments: Rupee was the best performing Asian currency this week on RBI measures announced last week. Interbank and client activity was quite muted though given restrictions. Despite the hotter than expected CPI print, US treasury yields came off. There are two factors at play here; dovish comments from Fed members (which keeps the probability of Fed hiking in Oct policy at mere 17%) and risk aversion driving safe haven demand for treasuries. Global Equity Markets: Domestic Equities : Below are the graphical representations for...










