11/06/2018

 Major developments:

Rupee is now at 65.38 as against pripr close of 67.50. The week will be eventful for the following events and data releases:

1)US-North Korea sumiit, presently underway in Singapore, 2) Fed meeting, 3) ECB and BOJ meetings, 4) Indian IIP and CPI data, 5) US inflation data

US President and G-7 leaders confronted on trade tariffs at Canada over week end. US President refused to endorse joint statement.

-INR is at 67.38. Friday’s close was 67.50. 

-Indian Equity indices climb.

-Indian 10 year G-SEC yield is at 7.98%. 

-USDINR 1 yr fwd premia is at 4.22%. 

USDINR @ 67.38, EUR/USD 1.1798, GBP/USD @ 1.3412, USD/JPY @ 109.80, EUR/INR @ 79.50, GBP/INR @ 90.37, JPY/INR @ 61.36.

Gold@1303, WTI Crude @ 65.55, Nifty @ 10831 (+64), 10 Year G-SEC @ 7.98.