Major developments:

USD is now at 70.94. Rupee opened at 70.88 . Expect 70.80-71.05 range for the day. 

Indian IIP and CPI are the focus events for this week. US-China trade talks optimism fuelled rally in Global stocks y’day.

-USDINR is at 70.94. Y’day’s close was 71.06.

-Indian Equity indices climb higher.

-Indian 10 year G-SEC yield is at 6.48%.

-USDINR 1 yr fwd premia is at 4.10%.

USDINR @ 70.93, EUR/USD 1.1018, GBP/USD @ 1.2453, USD/JPY @ 107.95, EUR/INR @ 78.15, GBP/INR @ 88.30,  JPY/INR @ 65.70.

Gold@1495, WTI Crude @ 54, Nifty @ 11342 (+110), 10 Year G-SEC @ 6.48.