Major developments:
USD is now at 72.69. USDINR opened at 72.67. Expect 72.60-72.80 range for the day.
ECB front-loaded bond purchases under PEPP. US 10 yr Yields declined to 1.47 and then
climbed to 1.54% y’day. EURO is correcting higher towards 1.2050. Equity markets are
supported by US stimulus. Indian CPI and IIP data are awaited later today.
-USDINR is at 72.69. The prior day’s close was 72.91.
-Indian Equity indices climb.
-Indian 10 year G-SEC yield is at 6.24%.
-USDINR 1 yr fwd premia is at 4.89%.
USDINR @ 72.69, EUR/USD 1.1967, GBP/USD @ 1.3980, USD/JPY @ 108.70, EUR/INR @ 86.99, GBP/INR @ 101.61, JPY/INR @ 66.88.
Gold@1716, WTI Crude @ 65.80, Nifty @ 15271(+96), 10 Year G-SEC @ 6.25%.
For all your investment needs feel free to reach us. Give us a missed call at 90037 90027. For Support : 044-40329999
