17/01/2019

Major developments:

Rupee is at 71.32. Brexit vote was defeated in Uk Parliament. Indian CPI declined to 2.19% in Dec. Trade deficit narrowed to USD 13.07 bn in Dec as exports was flat and imports contracted 2.44%. 

-USDINR is at 71.32. Y’day’s close was 71.05.

-Indian Equity indices gain marginally.

-Indian 10 year G-SEC yield is at 7.29%.

-USDINR 1 yr fwd premia is at 3.96%.

USDINR @ 71.32, EUR/USD 1.1380, GBP/USD @ 1.2870, USD/JPY @ 108.98, EUR/INR @ 81.16, GBP/INR @ 91.78, JPY/INR @ 65.44.

Gold@1292, WTI Crude @ 52.25, Nifty @ 10905 (+15), 10 Year G-SEC @ 7.29.