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Reuters reports that India is expected to become the first Asian country to cut policy rates this year, with foreign investors buying Indian bonds and equities. Inflation is at its lowest in five years, the goods and services tax was introduced on July 1, and foreign debt buying has reached $21 billion this year.
Expected rate cuts and strong capital inflows support the rupee and lower the domestic cost of funds, which can affect Indian demand for feed and livestock products.
zeebiz.comReutersJul 28, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
