Morning Bid: Volatility shock fades, India CPI on deck

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Morning Bid: Volatility shock fades, India CPI on deck
Yen Carry TradeReserve Bank Of IndiaGlobal Markets
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Seven days ago a huge unwind in the yen carry trade and selloff in megacap U.S. tech triggered a wave of volatility that sent global markets reeling and...

Seven days ago a huge unwind in the yen carry trade and selloff in megacap U.S. tech triggered a wave of volatility that sent global markets reeling and investors running for the safety of U.S. Treasuries.

If that's the case, Monday should be relatively calm. Wall Street rose on Friday, meaning the Nasdaq and S&P 500 ended last week essentially flat. Treasury yields fell on Friday but registered their biggest weekly rise in months. Other benchmark indices fared even better - the MSCI Asia ex-Japan and MSCI World index both ended flat, and the MSCI Emerging Market index rose 0.2%.

The consensus in a Reuters poll is for annual consumer inflation in July to fall to 3.65% from 5.08% in June. That would be the first time in five years below the RBI's medium-term target.CLEVELAND — The Browns' proposal to leave the lakefront and play in a new domed stadium in Cleveland's suburbs has hit a major snag.TULSA, Okla. — Rianne Malixi beat Asterisk Talley 3 and 2 to win the U.S. Women’s Amateur on Sunday at Southern Hills, three weeks after routing Talley in the U.S.

Four men were fatally shot and a woman was hospitalized with gunshot wounds during a spate of weekend violence in the Denver suburb of Commerce City. A person of interest in one of the cases was later found dead of a self-inflicted gunshot, police said Sunday. Also in the Denver area, a person was fatally shot and three others were injured during a pair of altercations on Sunday in the city of Aurora, officials said.Seven days ago a huge unwind in the yen carry trade and selloff in megacap U.S.

Gabrielle Union and Dwyane Wade Spend Time with Daughter Kaavia at Paris Olympics: ‘Coming to You Live'

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