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India’s central bank ​has boosted its secondary-market ​government bond purchases significantly since the Iran ​war broke out, data showed on Friday.
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India’s benchmark 10-year bond yield logged its ​biggest weekly jump in 15 ​weeks on Friday, as surging oil prices sent the rupee ​plunging to record lows and stoked fears of inflation and hawkish central bank policy outlook.
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Gold headed for the biggest weekly loss in six years, as war in the Middle East boosted energy prices and reduced expectations for interest-rate cuts.
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U.S. stock index futures slipped in choppy trading on Friday as ​the Iran war approached its fourth week, roiling energy markets and prompting investors to aggressively reprice bets on interest rate cuts by the U.S. Federal Reserve.
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