1) Thomson Reuters Corp.(TRI) said it is revising the trading rules for its foreign-exchange platform after consulting with market participants. The company is updating its Rule Book following discussions over the past 12 months and will outline new guidelines for fill ratios, minimum quote lives and tick sizes, according to a report carried by its Reuters news agency division.
2) Indian rupee completed the biggest monthly drop since August on concern higher global oil prices will spur inflation and widen the trade deficit. The currency lost 0.5 percent this quarter amid concern that a potential drop in farm output amid inadequate rainfall will stoke price pressures. The monsoon, which accounts for more than 70 percent of India’s annual rains, was 43 percent lower than the 50-year average this month, according to the weather department.
Read detail analysis report here:- http://www.rrfinance.com/reserch/MorningBell/Cr_MorningBell.pdf
2) Indian rupee completed the biggest monthly drop since August on concern higher global oil prices will spur inflation and widen the trade deficit. The currency lost 0.5 percent this quarter amid concern that a potential drop in farm output amid inadequate rainfall will stoke price pressures. The monsoon, which accounts for more than 70 percent of India’s annual rains, was 43 percent lower than the 50-year average this month, according to the weather department.
Read detail analysis report here:- http://www.rrfinance.com/reserch/MorningBell/Cr_MorningBell.pdf