British Referendum

Speaking to CNBC-TV18 James Glassman of JPMorgan said that the US Fed meeting this week is going to be an uneventful event. The Fed is going to be cautious, he said, adding that the Fed wants to see more evidence of the US doing much better before they pursue the path of moving interest rates.

'Investors chasing EM yields in low-rate environment'

The rally in global equities that has taken since the Brexit vote is largely driven by investors who are chasing yields in a low-rate environment, says Geoffrey Dennis, Head of Global Emerging Market Strategy at UBS.

EU lawmakers to press UK for quick exit ahead of summit

A non-binding draft resolution drawn up for Tuesday's session says the process should be launched once Prime Minister David Cameron notifies the outcome of the British referendum to EU leaders.

Brexit would also mean 'leave' for David Cameron: Professor

In an interview to CNBC-TV18, University of Strathclyde Professor of Politics John Curtice says, Brits who choose to remain will not necessarily be motivated by love for EU but simply because they expect economy to suffer if they leave.

Brexit campaign has exposed faultlines in other EU nations: Pros

Currency Expert Jamal Mecklai of Mecklai Financials expects Indian rupee to see some relief rally from people unwinding nervous positions. But the uncertainty could push Gold beyond USD 1,300 per ounce, he says.

Fed cautious on rates due to Brexit, US hiring slowdown: Yellen

In testimony before Congress that expressed general optimism about the economy and played down the risk of a recession, Yellen nevertheless said the Fed will be cautious about interest rate increases until it is clear the job market is holding up.