The rupee, on Tuesday, hit a fresh record low, worsening the sell-off in local stock markets, and laying bare the economy's weak spots.
India's economy is struggling as overseas investors withdraw billions from the country over fears about the rupee's strength.
What's more, one analyst argued the downward pressure on core inflation (excluding food/energy) is fading.
Meanwhile, the closely followed core rate rose just 0.1 percent in July -- aided by cheaper natural gas.
The Wednesday sentiment belied flash euro zone GDP data showing it has emerged from a recession.
Atlanta Fed President Lockhart said Tuesday even with a taper's start, interest rates will remain low for some time.
Upbeat economic data from the euro zone and the U.K. strengthen hopes of a recovery in the region's economies.
Analysts expect home-price growth to slow further on rising interest rates and increasing supply.
The BoJ expects an improvement in exports, corporate profits and public investment, including the housing sector.
Prime Minister Shinzo Abe wants to study the impact of lowering the tax rate, on local companies and foreign investment.
Euro zone GDP probably stopped contracting in the second quarter after a record six quarters of decline.
Two reports showed weaker-than-expected results in South Africa’s mining activity and factory output in June.
Lower-than-expected numbers could pave the way for a rate cut and potential measures to jumpstart a slowing economy.
Can Raghuram Rajan, who famously predicted the global financial crisis, put the Indian economy back on track?
Argentina, known for its spectacular economic booms and busts, is running on an unsustainable growth model, analysts warn.
The big day is almost upon us. The BoE is expected to unveil new guidance for setting interest rates on Wednesday.
Reading China's July economic tea leaves.
About 650 tons of gold have left specialist investment funds since January 2013, in a steep decline noted by analysts since April.
The CEO of Euro Pacific Capital Inc., Peter Schiff, and Commodity Analyst at Schneider Electric, Matt Smith, appeared on CNBC on Monday to discuss the outlook on gold and energy prices.
Growth in Japan’s services sector was at its weakest in nine months amid stagnation in new business and employment, a new survey shows.
All eyes are now on the Fed and what the jobs report may mean for the central bank's easy-money policies.
The relationship between U.S. interest rates and gold prices is becoming murkier than ever, according to the World Gold Council.