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Stepping down as the rupee plunges. Has india given up on the fight against inflation . Good morning. We are less than half an hour away from the European Equity market open. Looks like it is going to be a thumper if you are along these assets. You dont see this very often lets dwell on it for a moment. Ftse upcks are up 3. 1 , dax up byup by 2. 9 , 2. 8 . A shargh moved to the upside when it comes to european equities later on, and sterling is a big feature. For equities, absolutely on the front foot. Caroline phenomenal news that we saw, the Great British pound point biggest move we have seen since december, 2008, currently searching up against every single Major Trading ld currencythe wor ranker. We are seeing the weakness in the indian rupee is the Central Bank Governor steps down. He says he will step down in september when his term ends, managing to shape the indian rupee, as we hear that there is some state buying going on. The yen asg out of well, not going into the havens anym

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