Yahoo Finance

• Top U.S. senators briefed by CIA blame Saudi prince for Khashoggi death Senior U.S. senators said on Tuesday they were more certain than ever that Saudi Arabia's crown prince, Mohammed bin Salman, was responsible for the killing of journalist Jamal Khashoggi after receiving a CIA briefing on the matter.

LOCAL MARKETS OUTLOOK (As reported by NewsRise) • SGX Nifty nearest-month futures were trading down 0.4 percent at 10,864.50, from the previous close.

• The Indian rupee is expected to open lower against the dollar after growth and trade worries prompted a selloff in U.S. equities, dimming demand for regional assets.

• Indian government bonds will likely open higher in early session amid expectations of a dovish commentary by the nation’s rate-setting panel today, while fall in U.S. Treasury yields will also improve investor appetite. Yield on the benchmark 7.17 percent 2028 bond is likely to trade in a 7.55 percent-7.60 percent band till the policy decision today.

GLOBAL MARKETS • Wall Street tumbled more than 3 percent on Tuesday, led lower by bank and industrial shares, as the U.S. bond market sent unsettling signs about economic growth and investors worried anew about global trade.

• Asian stocks slid, dragged down by Wall Street's tumble as sharp declines in long-term U.S. Treasury yields and resurgent trade concerns stoked investor worries about global economic growth.

• The dollar remained under pressure after the U.S. bond market sent worrisome signs about economic growth overnight, adding to fears that the Federal Reserve could put its rate-hike cycle on hold.

• The difference between short-dated and long-dated U.S. Treasury yields narrowed further on Tuesday as the inversion of the yield curve spread between more maturities, prompted by worries about a slowdown in U.S. economic growth.

• Oil prices fell, weighed down by swelling U.S. inventories and a plunge in global stock markets as China's government warned of increasing economic headwinds.

• Gold prices were steady as the dollar edged up, while palladium dipped from record highs touched in the previous session but was in close proximity to the bullion.

CLOSE FII INVESTMENTS EQUITIES DEBT PNDF spot 70.53/70.56 December 4 -7.93 mln -218.91 mln 10-yr bond yield 7.57 pct Month-to-date -- -$239.84 mln Year-to-date -5.08 bln -7.39 bln For additional data: India govt bond market volumes Stock market reports Non-deliverable forwards data Corporate debt stories [IN CORPD] Local market closing/intraday levels [IN SNAPSHOT] Monthly inflows [INFLOWS RTRS TABLE IN] ($1 = 70.5200 Indian rupees) (Compiled by Hrithik Kiran Bagade in Bengaluru)