Indian Stocks Fall as RBI Hikes Rates to 5.50% 
US Dollar Hits 18-Month High as Fed Signals More Rate Hikes 
Oil Prices Rise as Gulf Hurricane and Middle East Supply Risks Mount 
Wall Street Falls as Fed Minutes Signal Another Rate Hike 
Japan Real Wages Rise 1.5%, Supporting BOJ Rate Hikes 
Fed Minutes Signal Another Rate Hike by Year-End 
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Dollar Near 18-Month High as Euro, Yen and Pound Weaken 
Iran Tanker Attacks Surge as Hormuz Oil Flows Near Prewar Levels 
France to Release 10 Million Barrels of Diesel to Ease Fuel Prices 
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The Federal Reserve's recent rate hike decision caused the U.S. interest rate to be higher than global interest rate, and thereby the economy is receiving more capital inflows.
The economy recorded a marginal fall in net trade, which is mainly because of weaker global demand. If the expansionary monetary policy adopted by Europe, China, and Japan boosts the domestic demand, the U.S. will be a beneficiary. This is because, most of the global trades take place in USD only. Therefore, there is further scope for USD to increase.
"We expect further pass-through from dollar appreciation to weigh on core goods prices through mid-2016. Renewed strength in the dollar since mid-year, particularly against EM currencies, and an accelerated decline in China PPI lead us to project a modest softening in core inflation in the months ahead - a factor which informs our believe that the Fed will execute three additional rate increases in 2016 instead of the expected four", says Barclays in a research note.
