Monday, June 18, 2012

U.S. Index Futures Are Currently Pointing Lower, Reserve Bank Of India Leaves Rates Unchanged On Inflation Concerns

Hello fundamentalist forex and stocks traders, we reporting, Stocks May Give Back Ground In Early Trading, After moving notably higher over the course of the two previous sessions, stocks are likely to give back some ground in early trading on Monday. The major index futures are currently pointing to a lower open for the markets, with the Dow futures down by 71 points, hope later will be better, there is a chance to be better

From London economic news, UK Property Asking Prices At New High, Rightmove Says, Asking prices for a property in the United Kingdom rose to a new record high in June buoyed by strong price movements in London and South East, property website Rightmove said on Monday

Meanwhile, economic news from New Delhi we reporting, Reserve Bank Of India Leaves Rates Unchanged On Inflation Concerns, India's central bank decided to leave its key interest rates unchanged, saying that another reduction could worsen the inflationary pressures amid the weakening economic growth.

Economic growth seems flat, Fitch Lowers India Rating Outlook, Fitch Ratings cut India's rating outlook to Negative on Monday, citing the heightening risk of economic growth deteriorating further if measures are not taken to improve operational environment for business and investment.

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