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. 

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.