Major developments:

Rupee at 70.85, Equities climb. 

-US is likely to end GSP for USD 6 bn worth of Indian exports.

-US-China trade deal to be signed this month.

-USDINR is at 70.85. Friday’s close was 70.92. Expect 70.75-70.95 range for the day.

-Indian Equity indices climb.

-Indian 10 year G-SEC yield is at 7.36%.

-USDINR 1 yr fwd premia is at 4.02%.

USDINR @ 70.85, EUR/USD 1.1329, GBP/USD @ 1.3161, USD/JPY @ 111.91, EUR/INR @ 80.26, GBP/INR @ 93.24, JPY/INR @ 63.30.

Gold@1288, WTI Crude @ 56.50, Nifty @ 10884 (+21), 10 Year G-SEC @ 7.36.