Rupee Crashes on Fear of Fed Interest Rate Hike

Indian rupee plunged by more than a percent against the dollar to its weakest level in more than 20 months as foreign banks increased their dollar purchases amid a selloff in domestic equity markets and bonds raising concerns of persistent foreign fund outflows.

Germany’s factory orders n.s.a. (YoY) rose from previous -1.3 percent to 1.9 percent in March.

UK went to vote in the tightest election for decades which can cause government gridlock and push it closer to leaving the EU.