Later Tuesday, India is slated to unveil its first budget under Prime Minister Narendra Modi's third five-year term.
India is slated to unveil its first budget under Prime Minister Narendra Modi 's third five-year term.futures pointed to a stronger open for the market, with the futures contract in Chicago at 39,985 and its counterpart in Osaka at 39,879 compared to the previous close of 39,599.Later Tuesday, India is slated to unveil its first budget under Prime Minister Narendra Modi 's third five-year term.
"While maintaining focus on capex, we think the government will use increased receipts to fund higher revenue spending, balancing economic and political needs," Barclays wrote in a recent note. Traders in Asia will also monitor Singapore's inflation data for June. According to economists polled by Reuters, the country's consumer price index is expected to climb 2.7% year-on-year. This compares to a 3.1% rise in May.rose to notch its best day since June 5 as tech shares bounced on the heels of the worst weekly loss for the index since April.
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