07/02/2019
Major developments:
Rupee is at 71.64. Equity indices climb.
-RBI policy is expected shortly.
-German factory orders declined, indicating recessionary trends in Germany.
-US Treasury secy is meeting Chinese counterparts later this week in China to address trade issues before March 2 nd deadline.
-Indian indices climb higher, powered by frontline stocks.
-USDINR is at 71.76. y’day’s close was 71.56.
-Indian Equity indices climb.
-Indian 10 year G-SEC yield is at 7.37%.
-USDINR 1 yr fwd premia is at 4.01%.
USDINR @ 71.64, EUR/USD 1.1361, GBP/USD @ 1.2932, USD/JPY @ 109.91, EUR/INR @ 81.39, GBP/INR @ 92.64, JPY/INR @ 65.18.
Gold@1303, WTI Crude @ 54.10, Nifty @ 11095 (+32), 10 Year G-SEC @ 7.37.