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Indian Prime Minister Modi appealed to citizens to cut fuel use and said measures from the Covid pandemic such as working from home and online meetings should be used. (Source: Bloomberg)
Source
Bloomberg Markets
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Monex Europe expects the rupee to hit 98 per dollar by year-end.
JPMorgan Chase & Co. raised its targets for South Korean stocks for the second time in less than a month, citing improvement in the semiconductor cycle, corporate governance reforms and industrial-sector growth.
Washington has sought to press Beijing to lean on Tehran to reopen the strait, though China's appetite to act as a pressure mechanism remains unclear.
Australia’s yield curve may flatten and its premium to US Treasuries narrow if the government signals a pullback in bond issuance next year, reflecting more restrained fiscal spending, according to strategists.
