Wednesday, June 19

WHAT WHEN BERNANKE SPEAKS TONIGHT?

Tonight all eyes will be on cues from US market. Ben Bernanke will speak tonight and that is the event which all global market participants have been waiting for.

 However, one will have to wait and see if Indian market starts the day with nervousness or it goes in strong expecting Bernanke to say the right things. Because while the US equity markets have rallied and gold has slipped, the emerging market (EM) equities and currencies do not seem to be going in with great confidence.

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