First Capital Treasuries Limited Daily Summary 21 May 2015

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First Capital Treasuries Limited Daily Summary 21 May 2015 Empty First Capital Treasuries Limited Daily Summary 21 May 2015

Post  Melissa Pereira on Fri May 22, 2015 1:22 pm

Local News
1) The yields in the secondary bond markets were seen closing
the day broadly steady on Thursday, subsequent to changing
hands within a thin range on the back of considerable volumes.
- Daily FT
2) Rupee forwards ended weaker on Thursday due to importer
dollar demand, though the Central Bank prevented any sharp
declines in the currency via moral suasion. - Daily FT
Foreign News
1) Asian shares rose on Friday after Wall Street set another
record high with prospects for a Federal Reserve rate hike in
June all but quashed, while the dollar steadied after losing
ground to the euro for the first time this week on downbeat U.S.
data. - Reuters
2) The U.S. Federal Reserve is likely to stick with plans to raise
interest rates later this year, with progress toward its
employment and inflation goals helping allay concerns over the
economy's recent weakness, current and former Fed officials
say. - Reuters
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Melissa Pereira

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