02/08/2018

Major developments:

Rupee is at 68.40.  BOE meeting is the focus event of the day. Global markets are rattled by fresh US move to enhance tariff from 10% to 25% on USD 200 bn worth of Chinese imports.

-INR is at 68.40. Y’day’s close was 68.43. 

-Indian Equity indices decline.

-Indian 10 year G-SEC yield is at 7.71%. 

-USDINR 1 yr fwd premia is at 4.39%. 

USDINR @ 68.40, EUR/USD 1.1647, GBP/USD @ 1.3101, USD/JPY @ 111.58, EUR/INR @ 79.66, GBP/INR @ 89.61, JPY/INR @ 61.30.

Gold@1218, WTI Crude @ 67.70, Nifty @ 11290 (-56), 10 Year G-SEC @ 7.71.