requires a weaker USD to bolster global trade and commodity prices."
A second term for Modi will mean endorsement of his policies on various fronts, especially on national security after tensions with Pakistan escalated earlier this year, rural reflation
, infrastructure spending and streamlining of goods and services tax (GST).
FX Update: The dollar has posted fresh highs against the euro, sterling, which saw fresh selling on Brexit news, and the Australian dollar, among other currencies, extending gains seen after Fed's Brainard's said yesterday that "opportunistic reflation
" could be encouraged by allowing inflation to run above the 2% target for some years.
London and New York were both hubs and amplifiers of that financial crash, which was solved mainly by massive quantitative easing by the central banks and the reflation
by the Chinese in 2009.
Mr Adams, who represented the Craigielea Division on the council, said the timing of the reflation
of the regional economy showed that Labour cared for people, and not just for political advantage, we reported in October 1977.
These interventions the CBN said, 'has translated into a reflation
of our economy with attendant growth and development.'
"Importantly, other manufacturing prices were up a robust 12 percent y/y reflecting more broad-based industrial reflation
in sectors such as chemicals." The April trade and PPI data offer plenty of cheer for the Qatari economy.
Money centre bank shares were the classic beneficiaries of the Trump reflation
trade in 2017.
Looking ahead, investors need to be prepared for the new 'reflation
As the global economy gradually heats up and the pivot towards reflation
continues, investors are advised to manage downside risks, with a preference for equities, said the Wealth Management Advisory Outlook 2018 released by Standard Chartered Bank.
With monetary stimulus having played its role in sparking economic expansion and reflation
, the focus is now shifting towards fiscal stimulus.
The dollar index, which measures the greenback against other major currencies, is seen ending about 9 percent lower in 2017 as the reflation
trade seen at the start of the year faded.