China depreciation just the beginning, expect ‘tit-for-tat actions’ – RBI’s Rajan

Speaking at an event organized by the State Bank of India on Thursday, Reserve Bank of India (RBI) Governor Raghuram Rajan said that weak demand in the global economy was prompting central banks to devalue their currencies, which was a worrisome trend.
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United Kingdom Retail Sales (MoM) below expectations (0.4%) in July: Actual (0.1%)

United Kingdom Retail Sales (MoM) below expectations (0.4%) in July: Actual (0.1%)
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