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GRAPHIC-Global equity funds see biggest inflows in three weeks – Lipper

June 18 (Reuters) – Investment flows into global equity funds jumped to the highest in three weeks in the week ended June 16, as investors shrugged off inflation worries and focused on the improving global economic outlook.

UPDATE 1-Experts urge India’s richest state to gear up for third wave of COVID-19

* Lockdowns ease less than a month after surge killed thousands * Efforts must delay third wave or even prevent it, expert says * Pandemic threat to persist for at least a year, poll shows * Third wave of infections seen likely to hit by Oct (Adds comments) By Manas Mishra and Uday Sampath Kumar BENGALURU, June 18 (Reuters) – Health officials in India’s richest state have urged authorities to step up preparations against a possible third wave of coronavirus infections, they said on Friday, as lockdowns eased less than a month after a surge that killed thousands.

CEE MARKETS-Forint stable ahead of next week’s key rate meeting

By Anita Komuves BUDAPEST, June 18 (Reuters) – The Hungarian forint was stable on Friday after suffering heavy losses this week ahead of a key central bank meeting next Tuesday when any lower-than-expected rate hike could further pressure the currency.

EMERGING MARKETS-Turkey’s lira rebounds strongly after cenbank-related slide

By Susan Mathew June 18 (Reuters) – The Turkish lira firmed up to 1% on Friday but was set for its worst weekly performance in two months after a hawkish Fed and political risks left emerging markets bruised.

FOREX-Fed-fuelled dollar forces rival currencies onto back foot

* Fed’s hawkish shift has dollar up 1.5% this week * ‘A meaningful re-thinking of dollar prospects’ -analyst * Graphic: World FX rates https://tmsnrt.rs/2RBWI5E

CHINA’S ONSHORE SPOT YUAN FINISHES DOMESTIC SESSION AT 6.4408 PER DOLLAR, WEAKEST SUCH CLOSE SINCE MAY 17

GLOBAL MARKETS-As Fed fallout fades, stocks left hanging near highs

* Analysts ask if Bank of England will follow Fed * Stocks remain close to this week’s record highs * Treasury yields rise; dollar near two-month highs * Gold gains ground after earlier plunge By Huw Jones LONDON, June 18 (Reuters) – Stocks were stranded just below record highs on Friday, with investors left looking for direction after digesting the U.S.

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