31/08/2018

Major developments:

Rupee is at 70.97. Equity markets trade flat. Indian GDP is the focus event of the day. 

US President is considering tariff on USD 200 bn worth of Chinese imports in a couple of days. EM Currencies decline.

-INR is at 70.97. Y’day’s close was 70.74. 

-Indian Equity indices trade flat .

-Indian 10 year G-SEC yield is at 7.95%. 

-USDINR 1 yr fwd premia is at 4.24%. 

USDINR @ 70.97, EUR/USD 1.1665, GBP/USD @ 1.3010, USD/JPY @ 111.01, EUR/INR @ 82.78, GBP/INR @ 92.33, JPY/INR @ 63.93.

Gold@1204, WTI Crude @ 70.25, Nifty @ 11680 (+4), 10 Year G-SEC @ 7.95.