RBI announced five measures pertaining to the liberalisation of foreign exchange flows into India
Oil prices are up 10% in barely a week on supply constraint concerns with Brent crude holding above $117, pushing the Canadian dollar and the Australian dollar up 0.3% and 0.4% respectively
US Federal rate hikes are being counted on while share market investors are hedging their bets, leading to a Dollar drop
Investors have now lost 10.1 per cent this year on euro high-grade corporate bonds, Bloomberg debt indexes show
European stocks have taken a dip alongisde the currency as ECB sets in to join the rate hike club like many others, say reports
ECB President Christine Lagarde struck a dovish tone by saying the central bank might need to cut its growth outlook
The Australian legend Ponting is currently working as head coach with the Indian Premier League (IPL) franchise Delhi Capitals
Lagarde said there was no clear timeframe for when rates would start to rise, adding it could be weeks or even several months after the end of stimulus
The euro briefly flickered as high as $1.0955 in thin early hours of the Asia session, before settling about 0.15% higher than Friday's close at $1.0890. It was also firmer on sterling and the yen.
The mood in equity markets was cautious, with MSCI's broadest index of Asia-Pacific shares outside Japan easing 0.1%. Japan's Nikkei dropped 0.6%, having shed 2.6% last week.
Brent crude futures fell as much as $4 a barrel and European gas prices slipped to 115 euros per megawatt hour, some 100 euros below recent peaks
Moscow accused the United States on Wednesday of declaring an economic war on Russia, and said it was considering a response to the US ban on Russian oil and energy imports
Euro zone bond yields edged lower on Tuesday but many in the currency market were still concerned that a sharp rise in bond yields could weigh on the prospects of a broad-based economic recovery
After the ECB extended support measures only in December, policy change was not expected to be on the agenda
Shares in Twitter and Spotify also fell and Nasdaq 100 futures dropped 2%, dragging on demand for currencies like the Antipodeans, said Westpac analyst Imre Speizer in Christchurch
The European Central Bank (ECB) must not rush to tighten its monetary policy since the elevated inflation rates look transitory, the bank's President Christine Lagarde said
Inflation in the euro zone hit 4.1 per cent in October, pushed up by higher energy costs, and is expected to stay above the ECB's 2 per cent target next year
The bank is taking concerns about rising prices "very seriously," Lagarde told the Frankfurt European Banking Congress
England captain Eoin Morgan on Friday backed his cricket board for taking stringent action against Yorkshire county and its batter Gary Ballance in the Azeem Rafiq racial allegations case
Rate futures and bond markets on both sides of the Atlantic had been repricing for an earlier rate-hike lift-off by the Fed and ECB over the last month