India M3 Money Supply down to 12% from previous 12.6%
Oct 30, 2014
Nikkei ends at a three-week high
The Japanese share prices rose to a level last seen on Oct 10, tracking the rise in the USD/JPY exchange rate. Meanwhile, optimism regarding the health of the US economy as expressed by the Federal Reserve statement also helped stock prices gain strength.
The Indian equity markets rose on optimism that the US economy is on the track as indicated the optimistic Federal Reserve (Fed) policy statements. Moreover, the reforms initiated by the new government has managed to negate the impact of little hawkishness seen in the Fed’s statement.