11/07/2018

Major developments:

Rupee declines 5 ps to trade now at 68.86. Indian IIP and CPI are key data events for this week. Nifty index climbs. Asian stocks are down as US kicks up new trade tariff threat on Chinese products.

-INR is at 68.86. Y’day’s close was 68.81. 

-Indian Equity indices climb.

-Indian 10 year G-SEC yield is at 7.91%. 

-USDINR 1 yr fwd premia is at 4.30%. 

USDINR @ 68.86, EUR/USD 1.1729, GBP/USD @ 1.3261, USD/JPY @ 111.06, EUR/INR @ 80.76, GBP/INR @ 91.31, JPY/INR @ 62.

Gold@1251, WTI Crude @ 73.67, Nifty @ 10967 (+21), 10 Year G-SEC @ 7.91.