Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
Recent global fund managers' survey by the Bank of America Merrill Lynch (BofAML) showed that vast majority of the fund managers are worried over the health of the European banks. They are right in doing so.
This chart from Forward Guidance of Bloomberg shows the capital shortfall for the European banks and its billions of euros.
At this point, a return of inflation could prove deadly for the banks.
