Former India players and national selectors, Ashok Malhotra and Jatin Paranjape will join Sulakshana Naik in the three-member Cricket Advisory Committee (CAC), which will be entrusted with the duty of picking the new selection panel later this month.&nbsp;Malhotra replaced former India seamer, Madan Lal, while Paranjape came in place of Rudra Pratap Singh, who has joined Mumbai Indians in the IPL as a talent scout. Only former women's international Naik remained from the last committee.

ALSO READ:&nbsp;<a href="https://www.wionews.com/sports/abu-dhabi-t10-league-2022-team-abu-dhabi-vs-bangla-tigers-match-prediction-live-stream-details-539079">Abu Dhabi T10 League 2022: Team Abu Dhabi vs Bangla Tigers match prediction, live stream details</a>

"Malhotra has represented India in seven Tests and 20 ODIs and recently served as the President of the Indian Cricketers' Association. Paranjape has played four ODIs for India and was part of the senior men's selection committee," BCCI secretary Jay Shah was quoted as saying in a press release.

In November this year, the BCCI sacked the entire selection panel headed by Chetan Sharma. The other members were Harvinder Singh, Sunil Joshi, and Debasish Mohanty.

It is understood that Chetan, despite his unceremonious dumping and an adverse performance report after India's semi-final debacle at the T20 World Cup, has reapplied for the post alongside Harvinder. However, Joshi and Mohanty (tenure ended) have decided against reapplication.

Some of the prominent names to have applied are Nayan Mongia, Venkatesh Prasad, Maninder Singh, Shiv Sunder Das, Subroto Banerjee, Salil Ankola, Amay Khurasiya, Reetinder Singh Sodhi, Nikhil Chopra, and Atul Wassan to name a few.

Former India players and national selectors, Ashok Malhotra and Jatin Paranjape will join Sulakshana Naik in the three-member Cricket Advisory Committee (CAC), which will be entrusted with the duty of picking the new selection panel later this month.

Former India players and national selectors, Ashok Malhotra and Jatin Paranjape will join Sulakshana Naik in the three-member Cricket Advisory Committee (CAC), which will be entrusted with the duty of picking the new selection panel later this month. Malhotra replaced former India seamer, Madan Lal, while Paranjape came in place of Rudra Pratap Singh, who has joined Mumbai Indians in the IPL as a talent scout. Only former women's international Naik remained from the last committee. ALSO READ: Abu Dhabi T10 League 2022: Team Abu Dhabi vs Bangla Tigers match prediction, live stream details "Malhotra has represented India in seven Tests and 20 ODIs and recently served as the President of the Indian Cricketers' Association. Paranjape has played four ODIs for India and was part of the senior men's selection committee," BCCI secretary Jay Shah was quoted as saying in a press release. In November this year, the BCCI sacked the entire selection panel headed by Chetan Sharma. The other members were Harvinder Singh, Sunil Joshi, and Debasish Mohanty. It is understood that Chetan, despite his unceremonious dumping and an adverse performance report after India's semi-final debacle at the T20 World Cup, has reapplied for the post alongside Harvinder. However, Joshi and Mohanty (tenure ended) have decided against reapplication. Some of the prominent names to have applied are Nayan Mongia, Venkatesh Prasad, Maninder Singh, Shiv Sunder Das, Subroto Banerjee, Salil Ankola, Amay Khurasiya, Reetinder Singh Sodhi, Nikhil Chopra, and Atul Wassan to name a few.

BCCI appoint new Cricket Advisory Committee, selection panel to be picked soon

There has been a lot of talks surrounding Indian skipper Virat Kohli's aggressive behaviour on the field. While many fans and experts have backed Kohli to continue with his pumped up style of play, there are others who think the Indian skipper should mellow down his behaviour when he takes the field for Team India.&nbsp;

Former Indian cricketer and currently a member of Cricket Advisory Committee (CAC) – Madan Lal – has lashed out on Kohli's critics by saying that earlier people used to say Indians are not aggressive and now when the players have started to be aggressive on the field, they just can't ask it to be stopped.&nbsp;

Lal further said that he enjoys Kohli's aggression while adding Team India needs a captain like him to lead from the front.&nbsp;

“First, everyone wanted a very aggressive captain and now you want Kohli to stop his aggressive streak. I love the way he is on the field. Earlier, people used to say that Indians are not aggressive; now that we’ve become aggressive people question that and ask why we are so aggressive. I enjoy Kohli’s aggression; we need a captain like him,” Lal was quoted as saying by a leading daily.&nbsp;

The former Indian speedster, on Kohli's poor show in New Zealand, said that it was just a loss of form and confidence while adding he is still the world's best player and sometimes technical flaws come in.&nbsp;

“He was out of form. You can say it was a loss of confidence. That (series against New Zealand) doesn’t take anything away from him. He is still the world’s best player. At times, technical flaws come in and you then try harder and harder but still you don’t come out of it. It happens to the best of players,” he stated.

 
&nbsp;

There has been a lot of talks surrounding Indian skipper Virat Kohli's aggressive behaviour on the field. While many fans and experts have backed Kohli to continue with his pumped up style of play, there are others who think the Indian skipper should mellow down his behaviour when he takes the field for Team India.

There has been a lot of talks surrounding Indian skipper Virat Kohli's aggressive behaviour on the field. While many fans and experts have backed Kohli to continue with his pumped up style of play, there are others who think the Indian skipper should mellow down his behaviour when he takes the field for Team India. Former Indian cricketer and currently a member of Cricket Advisory Committee (CAC) – Madan Lal – has lashed out on Kohli's critics by saying that earlier people used to say Indians are not aggressive and now when the players have started to be aggressive on the field, they just can't ask it to be stopped. Lal further said that he enjoys Kohli's aggression while adding Team India needs a captain like him to lead from the front. “First, everyone wanted a very aggressive captain and now you want Kohli to stop his aggressive streak. I love the way he is on the field. Earlier, people used to say that Indians are not aggressive; now that we’ve become aggressive people question that and ask why we are so aggressive. I enjoy Kohli’s aggression; we need a captain like him,” Lal was quoted as saying by a leading daily. The former Indian speedster, on Kohli's poor show in New Zealand, said that it was just a loss of form and confidence while adding he is still the world's best player and sometimes technical flaws come in. “He was out of form. You can say it was a loss of confidence. That (series against New Zealand) doesn’t take anything away from him. He is still the world’s best player. At times, technical flaws come in and you then try harder and harder but still you don’t come out of it. It happens to the best of players,” he stated.

CAC member Madan Lal lashes out at Virat Kohli's critics over his on-field aggressive behaviour and poor form

Committee of Administrator's&nbsp;chief, Vinod Rai, on Wednesday said that the newly elected Board of Control for Cricket body will have the liberty to appoint Cricket Advisory Committee (CAC) if the need arises.

The remarks came following Shantha Rangaawamy and former Indian captain Kapil Dev stepping down as CAC members after being served a conflict of interest notice by <a href="https://www.wionews.com/sports/dinesh-karthik-tenders-unconditional-apology-for-violating-bcci-central-contract-clause-248436">BCCI</a> ethics officer Justice DK Jain.

"The appointment of all the three members of the CAC was specific only for the selection of the head coach this year. Now CAC has been ceased to exist post the selection of the head coach. The new elected BCCI body will have the freedom to appoint a CAC when the need arises," said Rai.

After stepping down, Kapil Dev said, "it was my pleasure to work and select head coach but now I have sent my resignation to CoA Chief and BCCI CEO."&nbsp;

Committee of Administrator's chief, Vinod Rai, on Wednesday said that the newly elected Board of Control for Cricket body will have the liberty to appoint Cricket Advisory Committee (CAC) if the need arises.

Committee of Administrator's chief, Vinod Rai, on Wednesday said that the newly elected Board of Control for Cricket body will have the liberty to appoint Cricket Advisory Committee (CAC) if the need arises. The remarks came following Shantha Rangaawamy and former Indian captain Kapil Dev stepping down as CAC members after being served a conflict of interest notice by BCCI ethics officer Justice DK Jain. "The appointment of all the three members of the CAC was specific only for the selection of the head coach this year. Now CAC has been ceased to exist post the selection of the head coach. The new elected BCCI body will have the freedom to appoint a CAC when the need arises," said Rai. After stepping down, Kapil Dev said, "it was my pleasure to work and select head coach but now I have sent my resignation to CoA Chief and BCCI CEO."

New elected BCCI body to have freedom to appoint CAC

A knife attacker stabbed eight people on the street in Russia&#39;s far northern city of Surgut before being shot by police, investigators said Saturday.

The male attacker &quot;carried out attacks on passers-by, causing stab wounds to eight&quot; while &quot;moving along central streets of the city&quot; at around 11:20 am local time (0620 GMT) said Russia&#39;s Investigative Committee, which probes major crimes.

It said that armed police then arrived and used their weapons on the attacker and &quot;liquidated&quot; him.

The incident took place in a city some 2,100 kilometres (1,330 miles) northeast of Moscow in the oil-rich Khanty-Mansi region.

Two of those stabbed are in a serious condition while five more are in a stable condition, the government of the Khanty-Mansi region said in a statement, calling the attacker so far &quot;unidentified&quot;.

It called for calm over the incident, saying that &quot;in the interests of public calm and also of the investigation, citizens and media are recommended to use reliable information in assessing the situation until all the circumstances are established&quot;.&nbsp; 
&nbsp;

Asian stocks advanced on Friday, once again shrugging off a sluggish day on Wall Street

A knife attacker stabbed eight people on the street in Russia's far northern city of Surgut before being shot by police, investigators said Saturday. The male attacker "carried out attacks on passers-by, causing stab wounds to eight" while "moving along central streets of the city" at around 11:20 am local time (0620 GMT) said Russia's Investigative Committee, which probes major crimes. It said that armed police then arrived and used their weapons on the attacker and "liquidated" him. The incident took place in a city some 2,100 kilometres (1,330 miles) northeast of Moscow in the oil-rich Khanty-Mansi region. Two of those stabbed are in a serious condition while five more are in a stable condition, the government of the Khanty-Mansi region said in a statement, calling the attacker so far "unidentified". It called for calm over the incident, saying that "in the interests of public calm and also of the investigation, citizens and media are recommended to use reliable information in assessing the situation until all the circumstances are established".

Asia stocks resilient, dollar up before Yellen, Draghi speeches

Ravi Shastri has been appointed coach of the Indian cricket team and Zaheer Khan has been appointed bowling coach.&nbsp;

The announcement was made by CK Khanna, acting president of the BCCI, ANI reported.&nbsp;

Earlier in the day, the BCCI had said a decision on the next coach had not been made as yet.&nbsp;

That was after a number of news organisations reported that Shastri had been picked as coach.&nbsp;

Shastri had been thought of as the frontrunner all along.&nbsp;

The Board of Control for Cricket in India had been expected to make an announcement on the new coach on Monday but it said yesterday that it was delaying the decision until it was able to speak with captain&nbsp;Virat Kohli. (The last coach, Anil Kumble, had reportedly had to go because of differences with Kohli.)&nbsp;

The announcement yesterday was made by&nbsp;Sourav Ganguly of the BCCI&#39;s Cricket Advisory Committee.

Ganguly had said then that the CAC -- made up of Ganguly, Sachin Tendulkar, and VVS Laxman, and which had been tasked with finding the next coach -- had talked to the applicants but would also want to talk to Kohli to get his feedback on who best he could work with before announcing who would be the next coach of the Indian cricket team.

On Tuesday evening the BCCI finally announced that Shastri had got the job, and that Zaheer Khan would be the bowing coach.&nbsp;

The other contenders for the job had included Virender Sehwag, Tom Moody, Lalchand Rajput, Richard Pybus,&nbsp;and Phil Simmons.&nbsp;

&nbsp;

Shastri had been thought of as the frontrunner all along

Ravi Shastri has been appointed coach of the Indian cricket team and Zaheer Khan has been appointed bowling coach. The announcement was made by CK Khanna, acting president of the BCCI, ANI reported. Earlier in the day, the BCCI had said a decision on the next coach had not been made as yet. That was after a number of news organisations reported that Shastri had been picked as coach. Shastri had been thought of as the frontrunner all along. The Board of Control for Cricket in India had been expected to make an announcement on the new coach on Monday but it said yesterday that it was delaying the decision until it was able to speak with captain Virat Kohli. (The last coach, Anil Kumble, had reportedly had to go because of differences with Kohli.) The announcement yesterday was made by Sourav Ganguly of the BCCI's Cricket Advisory Committee. Ganguly had said then that the CAC -- made up of Ganguly, Sachin Tendulkar, and VVS Laxman, and which had been tasked with finding the next coach -- had talked to the applicants but would also want to talk to Kohli to get his feedback on who best he could work with before announcing who would be the next coach of the Indian cricket team. On Tuesday evening the BCCI finally announced that Shastri had got the job, and that Zaheer Khan would be the bowing coach. The other contenders for the job had included Virender Sehwag, Tom Moody, Lalchand Rajput, Richard Pybus, and Phil Simmons.

Ravi Shastri is new India cricket coach, Zaheer Khan is bowling coach

Anil Kumble will remain India&#39;s coach for the tour of West Indies subject to his acceptance, Committee of Administrators (COA) chairman Vinod Rai said today, insisting that only the Cricket Advisory Committee (CAC) will decide the next head coach.

&quot;Coach selection has been entrusted to the CAC which selected Anil Kumble last year for a one-year contract. Now the process has to be followed. But since the process has been delayed, Kumble, subject to his accepting, will be there for the West Indies tour,&quot; Rai told reporters after a meeting of the COA here.

&quot;The CAC is meeting in London to decide upon the road ahead,&quot; he added.

India will tour the West Indies for a five-ODI series starting June 23 followed by a lone Twenty20 match on July 9.

The COA, now a three-member panel after the controversial exit of historian Ramachandra Guha, had a day long meeting in New Delhi.

Asked whether coach recruitment could have been handled better by the BCCI, Rai said the matter has been blown out of proportion with reports claiming a rift between captain Virat Kohi and Kumble.

&quot;The fact is that it was a one year contract so a process was followed. I don&#39;t know why is this controversy. I have spoken to both of them (Kohli and Kumble)and neither of them have confirmed what has come out,&quot; he said.

The CAC -- comprising Sachin Tendulkar, VVS Laxman and Sourav Ganguly -- is currently in London and is in touch with both the captain and the coach on the sidelines of the ongoing Champions Trophy.

The CAC, which is in favour of retaining Kumble, has sought more time ahead of the BCCI SGM on June 26.

&quot;We have left it to the CAC, they are legends, they know what is best for Indian cricket,&quot; said Rai, who also rubbished a report claiming that CAC has asked to be paid for the honorary job.

Guha, in his scathing resignation letter, had lashed out at the BCCI&#39;s functioning besides alleging conflict of interest in the case of Rahul Dravid who is India A coach and also a mentor of the Delhi Daredevils IPL franchise.

The former batsman had sought more clarity on the subject so that he can take an informed decision.

To address a host of conflict of interest issues, the BCCI will soon have an ethics officer.

&quot;All issues regarding COI will be referred to ethics officer appointed by the BCCI. He will be appointed soon. A lot of complaints regarding COI have been received,&quot; said Rai.

He further said that Guha&#39;s resignation will be forwarded to the Supreme Court.

The COA was formed mainly to carry out reforms recommended by the SC-appointed Lodha Committee. As expected, some of the recommendations, including one state and one vote and tenure of office-bearers, were met with stiff resistance by the state associations.

However, Rai insisted that reforms are on track and will be placed before the state associations at the SGM.

&quot;The reforms are on track. They will be entrusted to the SGM which is meeting on June 26. It is going to be placed before them but in all our conversations with them, they have expressed their willingness to accept the reforms,&quot; he said.&nbsp;

India will tour the West Indies for a five-ODI series starting June 23 followed by a lone Twenty20 match on July 9

Anil Kumble will remain India's coach for the tour of West Indies subject to his acceptance, Committee of Administrators (COA) chairman Vinod Rai said today, insisting that only the Cricket Advisory Committee (CAC) will decide the next head coach. "Coach selection has been entrusted to the CAC which selected Anil Kumble last year for a one-year contract. Now the process has to be followed. But since the process has been delayed, Kumble, subject to his accepting, will be there for the West Indies tour," Rai told reporters after a meeting of the COA here. "The CAC is meeting in London to decide upon the road ahead," he added. India will tour the West Indies for a five-ODI series starting June 23 followed by a lone Twenty20 match on July 9. The COA, now a three-member panel after the controversial exit of historian Ramachandra Guha, had a day long meeting in New Delhi. Asked whether coach recruitment could have been handled better by the BCCI, Rai said the matter has been blown out of proportion with reports claiming a rift between captain Virat Kohi and Kumble. "The fact is that it was a one year contract so a process was followed. I don't know why is this controversy. I have spoken to both of them (Kohli and Kumble)and neither of them have confirmed what has come out," he said. The CAC -- comprising Sachin Tendulkar, VVS Laxman and Sourav Ganguly -- is currently in London and is in touch with both the captain and the coach on the sidelines of the ongoing Champions Trophy. The CAC, which is in favour of retaining Kumble, has sought more time ahead of the BCCI SGM on June 26. "We have left it to the CAC, they are legends, they know what is best for Indian cricket," said Rai, who also rubbished a report claiming that CAC has asked to be paid for the honorary job. Guha, in his scathing resignation letter, had lashed out at the BCCI's functioning besides alleging conflict of interest in the case of Rahul Dravid who is India A coach and also a mentor of the Delhi Daredevils IPL franchise. The former batsman had sought more clarity on the subject so that he can take an informed decision. To address a host of conflict of interest issues, the BCCI will soon have an ethics officer. "All issues regarding COI will be referred to ethics officer appointed by the BCCI. He will be appointed soon. A lot of complaints regarding COI have been received," said Rai. He further said that Guha's resignation will be forwarded to the Supreme Court. The COA was formed mainly to carry out reforms recommended by the SC-appointed Lodha Committee. As expected, some of the recommendations, including one state and one vote and tenure of office-bearers, were met with stiff resistance by the state associations. However, Rai insisted that reforms are on track and will be placed before the state associations at the SGM. "The reforms are on track. They will be entrusted to the SGM which is meeting on June 26. It is going to be placed before them but in all our conversations with them, they have expressed their willingness to accept the reforms," he said.

Anil Kumble to continue as India coach till West Indies Series: COA

Asian stocks turned lower today and the Yen surged after the Bank of Japan (BOJ) refrained from taking further stimulus steps, hours after the Federal Reserve&#39;s (Fed&#39;s) own review had struck a cautious note on its policy outlook. 
 
The Dollar was already under pressure after the Fed left interest rates unchanged overnight and became slightly less hawkish. While signalling that it still expected two rate hikes this year, the Fed also said slower economic growth would crimp the pace of monetary policy tightening in future years. 
 
Spreadbetters expected Europe to follow Asia&#39;s lead and saw a lower open for Britain&#39;s Financial Times Stock Exchange (FTSE), Germany&#39;s Deutscher Aktienindex (DAX) and France&#39;s Cotation Assist?e en Continu (CAC).&nbsp; 
 
The BOJ kept monetary policy steady and stuck to its optimistic view of the economy today even as renewed yen rises and slumping stock prices threaten to derail a fragile economic recovery. 
 
While the BOJ&#39;s decision did not come as a big surprise, expectations that the central bank will take action next month increased. But for now uncertainty over whether Britain will vote to quit the European Union is strengthening the Yen because of the Japanese currency&#39;s safe-haven status. 
 
&quot;The Bank of Japan are in a pickle and more than most will be really hoping that the UK don&#39;t vote to &#39;leave,&#39; or USD/JPY will be trading below 100 Yen and they will have to do something amazingly punchy just to stabilise assets,&quot; wrote Chris Weston, chief market strategist at IG in Melbourne. 
 
&quot;On the other hand, even if the UK votes to &#39;remain&#39; and risk assets undergo some sort of relief rally, domestic inflation expectations shouldn&#39;t pick up greatly and they may need to ease in this scenario anyhow.&quot; 
Morgan Stanley Capital International&#39;s (MSCI) broadest index of Asia-Pacific shares outside Japan was last down 0.9 per cent.&nbsp; 
 
Japan&#39;s Nikkei hit a two-month intraday low and was last down 2.6 per cent. 
 
South Korea&#39;s Kospi lost 0.8 per cent and Hong Kong&#39;s Hang Seng dropped 1.9 per cent. 
 
On the whole, investors were still cautious on worries Britain may vote to leave the European Union, which saw US stocks fall for a fifth straight session overnight despite the Fed&#39;s subdued view on interest rates. 
 
While the US central bank kept policy steady as widely expected and lowered its economic projections, it did signal that it still planned to raise rates twice in 2016. 
 
However, the Fed&#39;s conviction appeared shakier with six of its 17 policymakers projecting just one increase this year. Only one Fed policymaker had done so when economic forecasts were last issued in March. 
 
&quot;Although the Fed&#39;s projection tout two rate hikes, a rate hike in July is highly unlikely, which makes it questionable whether the Fed can raise rates twice in its three policy meetings left by the end of year,&quot; said Daisuke Uno, chief strategist at Sumitomo Mitsui Bank. 
 
The greenback was down 1.5 per cent at 104.400 Yen after hitting 104.320, its lowest since September 2014. 
 
The Yen also hit its highest level since January 2013 against the Euro and a four-year peak versus the Australian Dollar. 
 
The Euro inched up 0.1 per cent to $1.1272 after gaining 0.5 per cent overnight.&nbsp; 
 
The 10-year Treasury note yield slipped to a four-month trough of 1.545 per cent and added pressure on the Dollar. 
 
The recent bout of global risk aversion generated by Brexit fears have boosted safe-havens like government debt, sending the German and Japanese benchmark 10-year yields to record lows this week. 
 
The Brexit concerns also saw US crude oil fall 1 per cent to $47.52 a barrel, on track for a sixth straight day of losses. Brent crude was down 0.8 per cent at $48.59 a barrel. 
 
Spot gold touched $1,301.40 an ounce, highest since May 3, thanks to the Fed&#39;s seemingly more cautious approach to monetary tightening. Higher interest rates tend to diminish the appeal of non-yielding gold. 
(Reuters)

Bank of Japan's uncertainty over whether Britain would vote to quit the EU is strengthening the yen due to its safe-haven status

Asian stocks turned lower today and the Yen surged after the Bank of Japan (BOJ) refrained from taking further stimulus steps, hours after the Federal Reserve's (Fed's) own review had struck a cautious note on its policy outlook. The Dollar was already under pressure after the Fed left interest rates unchanged overnight and became slightly less hawkish. While signalling that it still expected two rate hikes this year, the Fed also said slower economic growth would crimp the pace of monetary policy tightening in future years. Spreadbetters expected Europe to follow Asia's lead and saw a lower open for Britain's Financial Times Stock Exchange (FTSE), Germany's Deutscher Aktienindex (DAX) and France's Cotation Assist?e en Continu (CAC). The BOJ kept monetary policy steady and stuck to its optimistic view of the economy today even as renewed yen rises and slumping stock prices threaten to derail a fragile economic recovery. While the BOJ's decision did not come as a big surprise, expectations that the central bank will take action next month increased. But for now uncertainty over whether Britain will vote to quit the European Union is strengthening the Yen because of the Japanese currency's safe-haven status. "The Bank of Japan are in a pickle and more than most will be really hoping that the UK don't vote to 'leave,' or USD/JPY will be trading below 100 Yen and they will have to do something amazingly punchy just to stabilise assets," wrote Chris Weston, chief market strategist at IG in Melbourne. "On the other hand, even if the UK votes to 'remain' and risk assets undergo some sort of relief rally, domestic inflation expectations shouldn't pick up greatly and they may need to ease in this scenario anyhow." Morgan Stanley Capital International's (MSCI) broadest index of Asia-Pacific shares outside Japan was last down 0.9 per cent. Japan's Nikkei hit a two-month intraday low and was last down 2.6 per cent. South Korea's Kospi lost 0.8 per cent and Hong Kong's Hang Seng dropped 1.9 per cent. On the whole, investors were still cautious on worries Britain may vote to leave the European Union, which saw US stocks fall for a fifth straight session overnight despite the Fed's subdued view on interest rates. While the US central bank kept policy steady as widely expected and lowered its economic projections, it did signal that it still planned to raise rates twice in 2016. However, the Fed's conviction appeared shakier with six of its 17 policymakers projecting just one increase this year. Only one Fed policymaker had done so when economic forecasts were last issued in March. "Although the Fed's projection tout two rate hikes, a rate hike in July is highly unlikely, which makes it questionable whether the Fed can raise rates twice in its three policy meetings left by the end of year," said Daisuke Uno, chief strategist at Sumitomo Mitsui Bank. The greenback was down 1.5 per cent at 104.400 Yen after hitting 104.320, its lowest since September 2014. The Yen also hit its highest level since January 2013 against the Euro and a four-year peak versus the Australian Dollar. The Euro inched up 0.1 per cent to $1.1272 after gaining 0.5 per cent overnight. The 10-year Treasury note yield slipped to a four-month trough of 1.545 per cent and added pressure on the Dollar. The recent bout of global risk aversion generated by Brexit fears have boosted safe-havens like government debt, sending the German and Japanese benchmark 10-year yields to record lows this week. The Brexit concerns also saw US crude oil fall 1 per cent to $47.52 a barrel, on track for a sixth straight day of losses. Brent crude was down 0.8 per cent at $48.59 a barrel. Spot gold touched $1,301.40 an ounce, highest since May 3, thanks to the Fed's seemingly more cautious approach to monetary tightening. Higher interest rates tend to diminish the appeal of non-yielding gold. (Reuters)

Yen surges after Bank of Japan refrains from offering more stimulus, Asian stocks down

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