Major developments:

Rupee is now at 67.59 as against pripr close of 67.49. FOMC meeting and ECB decisions are of key interest to markets.

Indian Core inflation is a concern as it crossed 6% to 6.17%. CPI at 4.87% is above RBI’S median target of 4%.

-INR is at 67.59. Y’day’s close was 67.49. 

-Indian Equity indices climb.

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

-USDINR 1 yr fwd premia is at 4.26%. 

USDINR @ 67.59, EUR/USD 1.1744 GBP/USD @ 1.3361, USD/JPY @ 110.67, EUR/INR @ 79.39, GBP/INR @ 90.33, JPY/INR @ 61.07.

Gold@1298, WTI Crude @ 66, Nifty @ 10859 (+17), 10 Year G-SEC @ 7.95.