03/12/2018

Major developments:

Rupee is at 70.02. US- China agree on trade truce for 90 days. Brent Crude inches up by USD 2/bbl. RBI meet on Dec 5 th and OPEC meet on Dec 6 th will guide short term trend.

-USDINR is at 70.02. Friday’s close was 69.58

-Indian Equity indices climb.

-Indian 10 year G-SEC yield is at 7.64%.

-USDINR 1 yr fwd premia is at 4.05%.

USDINR @ 70.02, EUR/USD 1.1350, GBP/USD @ 1.2772, USD/JPY @ 113.47, EUR/INR @ 79.47, GBP/INR @ 89.43, JPY/INR @ 61.71.

Gold@1225, WTI Crude @ 53.65, Nifty @ 10913 (+35), 10 Year G-SEC @ 7.64.