Bloomberg The party’s over for Indian equities, with stocks headed for another tough year as a shrinking global cash pool dims prospects of an improving economy and expected recovery in company earnings boosting stocks, according to Bank of America Merrill Lynch. “Imagine you are at a New Year party and happy to find out that there’s more room to dance …

Bloomberg The US central bank should only raise interest rates once this year but keep going with its plan to gradually shrink the balance sheet, said Raphael Bostic, president of the Federal Reserve Bank of Atlanta and one of the Fed’s more dovish policy makers. “Coming into this year, a year ago, I saw two moves for 2019. Right now, …

Bloomberg There is a good chance the yen will strengthen to 100 against the dollar in coming months as slowing global growth and US-China trade tensions keep investors on edge, a former senior Bank of Japan official said. While that level would be tolerable, there is little the depleted BOJ can do about further yen strength or a serious downturn …