Closer to home, while the RBI has paused the rate hikes it is still not done with the fight with inflation. The possibility of a “below-normal” monsoon is going to stoke inflation further.
US stocks: US market rises on the day but falls for the week; bond yields and Iran in focus
Major U.S. stock indexes finished Friday higher, but recorded weekly declines. Investors reacted to fluctuating government bond yields and Middle East developments. Stronger services sector