Fed rates peaking next year and China finding stability are seen providing Asia with “more policy room and easier financial conditions,” BofA said in a note. This would allow for portfolio inflows into Indian assets, it added.
Dollar flat near one-week high as investors await Warsh’s Jackson Hole debut
The euro and sterling were subdued near one-week lows against the greenback, last at $1.1652 and $1.3597, respectively, though both remained on track for a