The dollar index fell 1.495% and fed funds futures priced in a sharp decline in expectations for the Fed’s peak target rate, which fell below 5%. The likelihood of a 50% basis point hike by the Fed instead of 75 in December rose to 71.5%.
NFO Watch: 5 mutual funds and 2 SIFs open for subscription this week. Check details
ICICI Pru Balanced Hybrid Fund and ICICI Pru Multi-Asset Active FOF will open for subscription on June 30 and close on July 14. The minimum