Foreign investments in government bonds top expectations, promise a lot more

The current numbers translate into a monthly flow of around $2.5 billion, which is on the upper end of broad market expectations of a monthly flow of $2-2.5 billion hitting the market due to index inclusion. Given the recent commencement of a US monetary easing cycle – which increases the appeal of emerging market assets for global investors – that flow is expected to rise in the next three months.

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Gold inches higher, focus on Fed minutes

Gold prices edged up slightly during the early Asian trading session, buoyed by a retreat in U.S. Treasury yields from their recent highs. Market players