03/09/2018

Major developments:

Rupee is at 70.77. Indian Q2 GDP surpasses expectations. Equity markets trade with maginal gains. US employment data and Global mfrg data are key data events for this week.

-INR is at 70.77. Friday’s close was 70.99. 

-Indian Equity indices trade with marginal gains.

-Indian 10 year G-SEC yield is at 7.92%. 

-USDINR 1 yr fwd premia is at 4.30%. 

USDINR @ 70.77, EUR/USD 1.1612, GBP/USD @ 1.2924, USD/JPY @ 110.91, EUR/INR @ 82.17, GBP/INR @ 91.46, JPY/INR @ 63.80.

Gold@1201, WTI Crude @ 69.50, Nifty @ 11700 (+20), 10 Year G-SEC @ 7.92.