Billionz Multi-Asset Weekly Newsletter
Equity Markets Await a Catalyst as Volatility Hits Multi-Month Lows Global Developments: RBI said that so far USD 56.9bn had been received under its swap facility with USD 52.3bn in the form of FCNR B deposits. Encouraged by the response, it announced early closure of FCNR B swap window on 31st Aug instead of 30th Sep earlier. India goods trade deficit hit a 6 month high of USD 32bn in July despite record exports. In further evidence of slowing US economy, US headline and core CPI came in line with expectations while PPI came in below expectations. US July retail...










