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Source: www.myiris.com           

  • SBI MF launches new scheme - SDFS 90 Day...
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    • Post Brexit, the market has started to build in a lesser probability of a potential US Fed rate hike and also more easing from other economies. Bank of England cut rate this week and announced additional quantitative easing which is higher than market expectations. Japan’s Prime Minister Shinzo Abe unveiled fiscal stimulus measures. Australia cut its policy rate by 25bps, taking it to a record low at 1.5%. As of now, it appears that easy liquidity conditions could sustain in the visible future. Expectations of economic weakening are also possibly pushing monetary flows from Europe/developed market into Emerging markets and more specifically Asia. read more
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