Indian Q4 GDP (2018-19) is expected to show a slow down to 6.2%. Corporate revenue and earnings slow down reflect
poor demand and sluggish rural offtake. RBI is expected to cut rates and infuse more liquidity. China cautioned that it
could choke US requirement of rare earth metals. Global Equity markets remained risk averse. EUR is pressing 1.11
support level. Rupee fell to 69.99 y’day on heavy outlfow.
-USDINR is at 69.76. y’day’s close was 69.84.
-Indian Equity indices climb.
-Indian 10 year G-SEC yield is at 7.14%.
-USDINR 1 yr fwd premia is at 4.05%.
USDINR @ 69.76, EUR/USD 1.1137, GBP/USD @ 1.2633, USD/JPY @ 109.68, EUR/INR @ 77.69, GBP/INR @ 88.12,
JPY/INR @ 63.60.
Gold@1277, WTI Crude @ 59.25, Nifty @ 11918 (+57), 10 Year G-SEC @ 7.14.