06/07/2018

Major developments:

Rupee recovers from intra day low of 69.03. Focus is on US nonfarm payrolls. US – China trade tariffs come into effect today. Crude declines as US President urges for fall in prices. 

-INR is at 68.85. Y’day’s close was 68.84. 

-Indian Equity indices climb marginally.

-Indian 10 year G-SEC yield is at 7.88%. 

-USDINR 1 yr fwd premia is at 4.28%. 

USDINR @ 68.84, EUR/USD 1.1691, GBP/USD @ 1.3220, USD/JPY @ 110.72, EUR/INR @ 80.48, GBP/INR @ 91, JPY/INR @ 62.17.

Gold@1255, WTI Crude @ 73, Nifty @ 10784 (+34), 10 Year G-SEC @ 7.88.