WHEN the world's equity investors rediscovered their appetite for risk after the Federal Reserve cut interest rates on September 18th, they took a particular liking to anything curry-flavoured.
It seems that global rate cut may start, US Federal Reserve injects large amount of cash by every means, selling pressure in US equity could be released through coming weeks.
The move to confer reserve status on China's currency is part of a process that could lead to nearly $3tn being injected into the country's bond and equity markets.