6/10/2018

Major developments:

Rupee is at 73.86. Equity markets recovery extends today. Lower than expected trade deficit for Sept (USD 13.98 bn) has helped Rupee to stabilise. FOMC minutes is the key event for the week.

-INR is at 73.86. y’day’s close was 73.83.

-Indian Equity indices climb higher.

-Indian 10 year G-SEC yield is at 7.94%.

-USDINR 1 yr fwd premia is at 4.32%.

USDINR @ 73.86, EUR/USD 1.1575, GBP/USD @ 1.3115, USD/JPY @ 111.99, EUR/INR @ 85.50, GBP/INR @ 97.08, JPY/INR @ 65.95.

Gold@1226, WTI Crude @ 71.80, Nifty @ 10591 (+79), 10 Year G-SEC @ 7.94.