Three data releases for Monday deserve your attention on a fairly light day for scheduled economic news. A new monthly report on inflation in India will be closely watched as this is the first update on consumer prices since last week’s announcement of a new chief to lead the country’s central bank. Later, we'll see reports on the US federal budget balance and the trend in UK housing prices. India Consumer Price Index (12:00 GMT): Raghuram Rajan, the chief economic adviser to India’s finance ministry and formerly a high profile economics professor at the University of Chicago, was appointed last week to lead India’s ... (full story)