Daily Market Report 17 th Aug 15
|
|
- Alicia Hood
- 6 years ago
- Views:
Transcription
1 Daily Market Report 17 th Aug 15 Research Team IFA Global
2 Domestic and International Highlights Indian rupee opened at after closing the previous session at levels. The intra-day range is seen between levels. Chinese Yuan to Move both ways, volatility likely China's move to weaken the yuan last week could head off further similar "adjustments", and the yuan is likely to move in both directions as the economy stabilizes, chief economist for the PBoC has said. He also clarified that the move to devalue yuan was in accordance with the state of the economy & doesn't imply that China is participating in currency war. Trade Deficit widens to $12.8 billion as exports drop With global demand not showing any signs of a pickup, India's merchandise exports contracted for the eighth month running in July, registering a 10.3% drop over last year. The trade deficit widened to $12.8 billion in July from $10.8 billion in June. Imports fell 10.3% to $35.95 billion while exports came in at $23.1 billion. In the April-July period, exports fell 15% over last year. India's exports were hurt because of a stronger currency, a problem that could worsen after the yuan devaluation. Oil imports were 35% lower in July over last year while non-oil imports were higher by 3.80%, suggesting improving domestic demand. FPIs take out Rs 800 cr from market in a fortnight Spooked by a possible derailment of key economic reforms, foreign investors have pulled out over Rs 800 crore from the Indian capital market in the last fortnight. Foreign portfolio investors (FPIs) may further suck out money due to weakness in the rupee. The net outflow by FPIs in equities stood at Rs 684 crore till August 13 while the same read Rs 143 crore for the debt market during the period, which works out to a net outflow of Rs 827 crore. Indian 10 Year Bond Yield Indian bond yields opened on a slightly higher side, as traders booked profit after last week's rally. The sudden depreciation in the rupee also weighed on the sentiments. Going forward, bond yields are likely to trade with positive bias as lower CPI & WPI inflation, amid falling commodity prices have risen the hopes for another rate cut. Intraday range may be 7.72%-7.77%.
3 USD/INR Daily Chart Source: Bloomberg Technical Outlook The USD/INR pair has given a weekly close above levels of and is trading with a positive bias. Immediate resistance on the upside is at Overall Outlook & Strategy Trend The USD/INR pair is approaching the crucial resistance of which is the previous top and trendline resistance. Exporters are advised to partially cover at current levels of and hold the remaining position with a stoploss of (They are suggested to discuss their positions with their respective advisors). Importers are advised to cover on major dips around levels of for the near term. (They are suggested to discuss their positions with their respective advisors). Short term range (7-15 days): Medium term range (3-6 months):
4 Key Indices Benchmark Indices Closing Change % Change Sensex Nifty Hang Seng Nikkei Dow Jones Nasdaq Asian Currencies Singaporean Dollar Korean Won Phillipines Peso Indonesian Rupiah Indian Rupee Chinese Yuan Value (US $) % Change Dax Malaysian Ringgit Thailand Baht FII Flows in India Debt ($ mn) Equity ($ mn) th Aug Aug month Year so far Source: Bloomberg
5 Glance at G7 EUR / USD The EUR/USD pair extended the bearish tone as the greenback continues to move higher on the wave of upbeat US macro data released on Friday which further reinforced Sept rate hike expectations. Support: , Resistance: , Outlook: Medium Term (1 to 3 Months): Slightly Bullish: Long term (6 months- 1 Year) Bearish: GBP / USD The GBP/USD pair broke above the 1.56 handle after weeks of consolidation. The pair will further take cues from the movement in US dollar index as the economic calendar remains light for the week. Support: , Resistance: , Outlook: Medium Term (1 to 3 Months): Slightly Bullish: Long term (6 months- 1 Year) Bearish: AUD / USD The Australian dollar kept losses against its American counterpart, with AUD/USD consolidating below 0.74 handle, as Chinese devaluation seems priced in the market now. Support: , Resistance: , Outlook: Medium Term (1 to 3 Months): Slightly Bullish: Long term (6 months- 1 Year) Bearish: USD/ JPY The USD/JPY pair zoomed towards the levels in early morning, as the JPY bulls took a back seat following the release of disappointing Japan s preliminary figures for the second quarter which showed that that the economy contracted due to softer private demand, underscoring expectations of further policy support. Support: , Resistance: , Outlook: Medium Term (1 to 3 Months): Slightly Bullish: Long term (6 months- 1 Year) Bullish: 135 Gold Gold held gains following the first weekly increase since June after China increased its bullion reserves. China revealed on Friday that it boosted holdings by 1.1% in July. The disclosure came about a month after the country ended six years of mystery surrounding its hoard, revealing a 57% jump in assets since Support: , Resistance: , Outlook: Medium Term (1 to 3 Months): Range Bound: Long term (6 months- 1 Year) slightly bearish:
6 Crude WTI Crude Oil prices fell to near six-year lows as Japan's economy contracted and producers in the United States added drilling rigs for a fourth straight week despite a recent rout in prices. Japan's economy, the second biggest in Asia and No.3 in the world, shrank in the second quarter from a year earlier, adding to fears that slowdowns in Asia's biggest economies will weigh on oil demand. Support: Resistance: 43.90, Outlook: Medium Term (1 to 3 Months): Slightly Bearish: Long Term (6 months- 1 Year) Range bound: Dollar Index The weakness in the dollar index continued as carry trade unwinding took Euro as well as GBP to session high. Dollar continues to be undermined by the expectations that the FED would continue to keep the interest rates unchanged after the recent Chinese devaluation. Support: 96.10, Resistance: 97.60, Outlook: Medium Term (1 to 3 Months): Slightly Bearish: Long term (6 months- 1 Year) Bullish: Economic Calendar Date 10-Aug-Mon 11-Aug-Tue 11-Aug-Tue 12-Aug-Wed 12-Aug-Wed 13-Aug-Thu 13-Aug-Thu 14-Aug-Fri 14-Aug-Fri Description US Fed Member Lockhart Speaks Australia Business Confidence Germany Zew Economic Sentiment China Industrial Production UK Claimant Count Change US Retail Sales (m/m) US - Unemployment Claims Germany Prelim GDP (q/q) US PPI (m/m)
7 ABOUT US IFA Global is one of the leading Treasury Solutions firm.we help companies explore extraordinary opportunities, manage and sustain growth through efficiency and transparency. We have always believed that every client needs a bespoke offering and we have a long history of serving clients with tailored offerings as per their needs. Since 2005, we have been a trusted partner with over 300 permanent companies across 30 different industries. We have our presence across India, Dubai and Hong Kong. IFA Global MUMBAI 7th Floor, Sangita Ellipse Sahakar Road, Vile Parle (East) Mumbai Telephone: Website: research@ifaglobal.net AHMEDABAD India Forex Advisors Pvt. Ltd B, Synergy Corporate Road, Prahlad Nagar Ahmedabad IFA Global DMCC DUBAI Unit No: 3O Jewellery & Gemplex Plot No: DMCC-PH2-J&GPlex Jewellery & Gemplex Dubai UA E Telephone: IFA Global Advisors Ltd. HONG KONG 4210, Office Tower Convention Plaza, 1 Harbour Road Wan Chai, Hong Kong Telephone: BANGALORE India Forex Advisors Pvt. Ltd. 2nd Floor, Cears Plaza 136, Residency Road Bangalore NEW DELHI India Forex Advisors Pvt. Ltd. Tapasya Corporate Heights Ground Floor, Sector- 126 Noida Uttar Pradesh Disclaimer This report has been prepared by IFA Global. IFA Global shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this report. IFA Global nor any of directors, employees, agents or representatives shall be held liable for any damages whether direct, indirect, special or consequential including lost revenue or lost profits that may arise from or in connection with the use of the information. No liability whatsoever is accepted for any loss arising (whether direct or consequential) from any use of the information contained in this report. This statement, prepared specifically at the addressee(s) request is for information contained in this statement. All market prices, service taxes and other levies are subject to change without notice. Also the value, income, appreciation, returns, yield of any of the securities or any other financial instruments mentioned in this statement are based on current market conditions and as per the last details available with us and subject to change. The levels and bases of, and reliefs from, taxation can change. The securities / units / other instruments mentioned in this report may or may not be live at the time of statement generation. Please note, however, that some data has been derived from sources that we believe to be reliable but is not guaranteed. Please review this information for accuracy as IFA Global cannot be responsible for omitted or misstated data. IFA Global is not liable for any delay in the receipt of this statement. This information is strictly confidential and is being furnished to you solely for your information. This information should not be reproduced or redistributed or passed on directly or indirectly in any form to any other person or published, copied, in whole or in part, for any purpose. This report is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication, availability or use would be contrary to law, regulation or which would subject IFA Global to any registration or licensing requirements within such jurisdiction. The information given in this report is as of the date of this report and there can be no assurance that future results or events will be consistent with this information. IFA Global reserves the right to make modifications and alterations to this statement as may be required from time to time. However, IFA Global is under no obligation to update or keep the information current. Nevertheless, IFA Global is committed to providing independent and transparent information to its client and would be happy to provide any information in response to specific client queries. Neither IFA Global nor any of its directors, employees, agents or representatives shall be liable for any damages whether direct, indirect, special or consequential including lost revenue or lost profits that may arise from or in connection with the use of the information. The information provided in these report remains, unless otherwise stated, the copyright of IFA Global. All layout, design, original artwork, concepts and other Intellectual Properties, remains the property and copyright IFA Global and may not be used in any form or for any purpose whatsoever by any party without the express written permission of the copyright holders.
Daily Market Report 2 nd Sep 15
[Type text] Daily Market Report 2 nd Sep 15 Research Team IFA Global Domestic and International Highlights Indian rupee opened at 66.32 after closing the previous session at 66.22 levels. The intra-day
More informationDaily Market Report 10 th Sep 15
[Type text] Daily Market Report 10 th Sep 15 Research Team IFA Global Domestic and International Highlights Indian rupee opened at 66.72 after closing the previous session at 66.41 levels. The intra-day
More informationDaily Market Report 7 th Oct 15
[Type text] Daily Market Report 7 th Oct 15 Research Team IFA Global Domestic and International Highlights Indian rupee opened at 65.29 after closing the previous session at 65.41 levels. The intra-day
More informationDaily Market Report 4 th Sep 15
[Type text] Daily Market Report 4 th Sep 15 Research Team IFA Global Domestic and International Highlights Indian rupee opened at 66.15 after closing the previous session at 66.24 levels. The intra-day
More informationDaily Market Report 28 th Oct 15
[Type text] Daily Market Report 28 th Oct 15 Research Team IFA Global Domestic and International Highlights Indian rupee opened at 65.07 after closing the previous session at 64.97 levels. The intra-day
More informationWeekly Report 17 th July 15
Weekly Report 17 th July 15 Research Team IFA Global The Week That Was!!! Globally, the Greece drama ended on positive note as Greek prime-minister Alexis Tsipras accepted the deal, which will ensure strict
More informationDaily Market Report 23 rd Oct 15
[Type text] Daily Market Report 23 rd Oct 15 Research Team IFA Global Domestic and International Highlights Indian rupee opened at 64.79 after closing the previous session at 65.12 levels. The intra-day
More informationDaily Market Report 15 th Oct 15
[Type text] Daily Market Report 15 th Oct 15 Research Team IFA Global Domestic and International Highlights Indian rupee opened at 64.75 after closing the previous session at 65.04 levels. The intra-day
More informationDaily Market Report 08 th Feb 16
[Type text] Daily Market Report 08 th Feb 16 Research Team IFA Global Domestic and International Highlights Indian rupee opened at 67.86 after closing the previous session at 67.64 levels. The intra-day
More informationDaily Market Report 01 st Mar 16
[Type text] Daily Market Report 01 st Mar 16 Research Team IFA Global Domestic and International Highlights Indian rupee opened at 68.27 after closing the previous session at 68.42 levels. The intra-day
More informationWeekly Report 28 th November 15
Weekly Report 28 th November 15 Research Team IFA Global The Week That Was!!! The US Dollar index began the week in a corrective mode receding to 99.30 levels as nothing surfaced from the much hyped emergency
More informationMORNING COFFEE 20-JUNE-2017
20-JUNE-2017 FROM CEO'S DESK USD weakness continues in Asia. Most Asian equity indices are trading in the green, up anywhere around 0.5%. Housing starts data disappointed on Friday. USD strength in Early
More informationDAILY MARKET COMMENTARY. 08 th May, 2015
DAILY MARKET COMMENTARY 08 th May, 2015 Domestic and International Highlights Indian rupee opened at 64.12 after closing the previous session at 64.23 levels. The intra-day range is seen between 63.80-64.20
More informationDaily Market Report 29 th June 16
[Type text] Daily Market Report 29 th June 16 Research Team IFA Global Domestic and International Highlights Indian rupee opened at 67.77 after closing the previous session at 67.95 levels. The intra-day
More informationMORNING COFFEE 7-AUGUST-2017 FROM CEO'S DESK
7-AUGUST-2017 FROM CEO'S DESK After strong headline July NFP print and slightly better Average hourly earnings on Friday, the US Dollar did get some respite though it has given off some of its strength.
More informationMORNING COFFEE. 4-September-2017
4-September-2017 FROM CEO'S DESK The USD had weakened in an immediate reaction post the release of weak US August NFP print. Wage growth too continued to disappoint. Euro rallied to 1.1975 but soon retraced
More informationMORNING COFFEE $ % NIKKEI % % SENSEX % INDIA NIFTY
05-JULY-2017 FROM CEO'S DESK Overnight there has been some cool off in USD strength across the board ahead of the crucial June FOMC policy meeting minutes (meet where Fed hiked rates by 25bps and outlined
More informationDAILY MARKET COMMENTARY. 14 th October, 2014
DAILY MARKET COMMENTARY 14 th October, 2014 Domestic and International Highlights Indian rupee opened at 60.93 after closing the previous session at 61.10 levels. The intra-day range is seen between 60.85-61.25
More informationDAILY MARKET COMMENTARY. 08 th December, 2014
DAILY MARKET COMMENTARY 08 th December, 2014 Domestic and International Highlights Indian rupee opened at 61.97 after closing the previous session at 61.77 levels. The intra-day range is seen between 61.80-62.10
More informationMORNING COFFEE 6-JUNE-2017 FROM CEO'S DESK CURRENCY USDINR
6-JUNE-2017 FROM CEO'S DESK The US dollar fell to seven-week low and US 10 year yield hovers around 7-month low after weaker services PMI and ISM-manufacturing PMI. Yesterday, Indian equities had extended
More informationMORNING COFFEE 8-JUNE-2017 FROM CEO'S DESK CURRENCY USDINR
8-JUNE-2017 FROM CEO'S DESK The MPC left the repo rate unchanged as expected. It cut SLR by 50bps to 20% to give more flexibility to banks to comply with LCR requirements from Jan'19. The HTM requirements
More informationDAILY MARKET COMMENTARY. 20 th November, 2014
DAILY MARKET COMMENTARY 20 th November, 2014 Domestic and International Highlights Indian rupee opened at 62.03 after closing the previous session at 61.96 levels. The intra-day range is seen between 61.90-61.40
More informationIFA GLOBAL RESEARCH DESK Blog: 24 January-2018
24 January-2018 FROM CEO'S DESK The US Dollar has slumped to its lowest level since 2014. The DXY is currently at 90.02. There are reports that say Muller may question Trump on his dismissal of Comey and
More informationIFA GLOBAL RESEARCH DESK Blog: 06 February-2018
06 February-2018 FROM CEO'S DESK The Dow Jones saw its worst fall in a day as the index tumbled 1175 points. It was down 1600pts at one point of time. Concerns over US Fed raising rates faster than expected
More informationCurrency Report- Daily
ASIA E.U U.S.A Currency Report- Daily Wednesday 15 Nov 2017 Global Market Overview US stock indexes fell yesterday as a drop in crude oil prices hit energy stocks and the impact was seen in Asia where
More informationWEEKLY CHANGES AGAINST THE USD MACRO & MARKETS COMMENTARY
July 17, 2017 [ W E E K LY E C O N O M I C C O M M E N TA R Y ] WEEKLY ANALYSIS FOR THE MOST CRITICAL ECONOMIC AND FINANCIAL DEVELOPMENTS MACRO & MARKETS COMMENTARY» The Federal Reserve (FED) might be
More informationGlobal Market Overview
At least 800 people are confirmed to have died in Indonesia and the death toll is expected to rise sharply after the magnitude of 7.5 earthquake hit the country on Friday. Brent Crude oil prices are trading
More informationCurrency Daily
Currency Daily 15-12-217 Market commentary Indian rupee rebounded sharply in early trades, but pared some gains before closing higher by 1paise at 64.34 per dollar amid expectations that the ruling BJP
More informationCurrencies Daily Report
Currencies Daily Report Powered by Karvy Forex & Currencies Pvt. Ltd. www.karvyforex.com Monday 07 Aug 2017 Market Overview Asian stocks advanced early today, taking cues from Wall Street's strong end
More informationWEEKLY CHANGES AGAINST THE USD MACRO & MARKETS COMMENTARY
July 10, 2017 [ W E E K LY E C O N O M I C C O M M E N TA R Y ] WEEKLY ANALYSIS FOR THE MOST CRITICAL ECONOMIC AND FINANCIAL DEVELOPMENTS MACRO & MARKETS COMMENTARY» The minutes of FOMC meeting in June
More informationGlobal Market Overview
ASIA E.U U.S.A Global Market Overview Friday 29 June 2018 Indian Rupee hit hard by Oil prices that are currently at a three-and-half year high. BoJ reduced purchases of Japanese Government Bonds (JGBs)
More informationCurrencies Daily Report
Currencies Daily Report Powered by Karvy Forex & Currencies Pvt. Ltd. www.karvyforex.com Thursday 03 Aug 2017 Market Overview A steady growth in earnings. Dow hits 22000 for the first time, another milestone;
More informationGlobal Market Overview
ASIA E.U U.S.A Wednesday 6 th Dec 2017 Global Market Overview Tech rally burns out pushing Wall Street lower. The year's top-performing sector was still down nearly 4 percent over the past week, with investors
More informationCurrencies Daily Report
Currencies Daily Report www.karvycurrency.com Friday 02 Jun 2017 Market Overview Asian shares were mostly higher today with attention on U.S. jobs data later in the day. Overnight, U.S. stocks made a winning
More informationSupporting sentiment on the dollar was easing fears over a U.S.-China trade war after Larry Kudlow, director of the White House
CURRENCY DAILY 6-4-218 Market \` commentary Indian rupee recovered from previous session s losses and closed higher by 18paise at 64.97 against the U.S. dollar, after the RBI lowered its inflation forecast
More information[ ] MACRO & MARKET COMMENTARY. » U.S. started the process to draft plans on a further $200 billion in Chinese
July 16, 2018 [ ] MACRO & MARKET COMMENTARY» U.S. started the process to draft plans on a further $200 billion in Chinese imports after tensions between the two largest economies in the world intensified,
More informationWEEKLY CHANGES AGAINST THE USD
October 09, 2017 [ W E E K LY E C O N O M I C C O M M E N TA R Y ] WEEKLY ANALYSIS FOR THE MOST CRITICAL ECONOMIC AND FINANCIAL DEVELOPMENTS MACRO & MARKETS COMMENTARY» The storm impacted job report showed
More information[ ] WEEKLY CHANGES AGAINST THE USD
February 12, 2018 [ ] MACRO & MARKETS COMMENTARY» In the early hours of last Friday, U.S Congress approved a major budget deal that opens the door for more increase in defense and non-defense spending
More informationCurrency Report- Daily
ASIA E.U U.S.A Currency Report- Daily Tuesday 14 Nov 2017 Global Market Overview High dividend-paying sectors including consumer staples and utilities saw rise in stock prices helping US indices move up
More information[ ] WEEKLY CHANGES AGAINST THE USD
February 19, 2018 [ ] MACRO & MARKETS COMMENTARY» Last week, Global stock markets witnessed one of their best weeks in almost six years after two consecutive weeks in the red. The last week rally was mainly
More information[ ] WEEKLY CHANGES AGAINST THE USD. » The Bank of England raised its benchmark interest rate to its highest level in MACRO & MARKET COMMENTARY
August 06, 2018 [ ] MACRO & MARKET COMMENTARY» The Bank of England raised its benchmark interest rate to its highest level in almost a decade. Raising the interest rate is suggesting that inflation continues
More information[ ] WEEKLY CHANGES AGAINST THE USD
January 15, 2018 [ ] MACRO & MARKETS COMMENTARY» The European central bank (ECB) has indicated it should revisit its communication stance in early 2018, according to the ECB s minutes of December meeting
More informationCurrency Daily
Currency Daily 3-11-217 Market commentary Indian rupee has continued to trade firm for the third-straight session, gaining another 1paise to close at a fresh 2-month high of 64.31 against the U.S. dollar
More informationWeekly FX Insight. Weekly FX Insight. Sep 23, 2013 with data as of Sep 20. Citibank Wealth Management. FX & Eco. Figures Forecast
Citibank Wealth Management Weekly FX Insight Weekly FX Insight Sep 23, 2013 with data as of Sep 20 Market Review & Focus FX Analysis Weekly FX Recap 01 High Yield Currencies 04-05 Upcoming Economic Figures
More informationFed described the economy as "slow" and said employers remained reluctant to create jobs and Inflation "somewhat low.
08 Nov 2010 UNITED STATES The ISM manufacturing index rose to 56.9 in October from 54.4 in September, led by growth in autos, computers and exported goods. The ISM non-manufacturing index rose to 54.3
More informationGlobal Market Overview
Tuesday 5 th Dec 2017 Global Market Overview Asian market trading mixed after NASDAQ hit a five-week low, with optimism about a Republican plan to slash corporate taxes fuelling gains in banks stocks.
More informationGlobal Market Overview
ASIA E.U U.S.A Global Market Overview Wednesday 27 June 2018 RBI said that PSU banks account for over 85% of total frauds in banking system in 2017-18 and show and increasing trend both in terms of number
More informationCurrency Highlights. 15 th Jan Close. Close
The U.S. dollar was little changed, while the Chinese yuan slipped after data showed the country s exports shrank the most in 2 years in December. The outlook for relative central bank policy has reached
More informationCOMMODITY DAILY. Global Market Round Up. Commodity Research - Alpha Commodity Pvt Ltd. As on Wednesday, March 15, 2017
Global Market Round Up Commodities traded lower on Tuesday with Bullion continued selling on growing optimism of Fed rate hike; Base metals traded weak witnessing heavy selling on easing worries of supply
More informationCommodity Insight Monday, February 22, 2016
REK-228 Market Insight GOLD DROPS FROM 3-MONTH HIGH ON PROFIT TAKING Gold dips as dollar, stocks strengthen; but holds above $1,200 Gold extended losses below its highest level in a year on Monday as the
More informationNivesh Monthly Dollar/Rupee Outlook
Nivesh Monthly Dollar/Rupee Outlook 3 January, 2018 Currency LTP Chg% MoM Chg % Yoy USDINR 63.92-0.79-5.93 EURINR 76.38-0.13 6.88 GBPINR 86.06-0.84 2.64 JPYINR 56.72-1.29-2.86 DX 91.99-1.05-10.07 EURUSD
More informationTOP ECONOMIC EVENTS OF THE DAY
OCTOBER 4, 2018 TOP ECONOMIC EVENTS OF THE DAY TIME CURRENCY EVENT EXPECTED PREVIOUS CONSENSUS IMPACT 7:00AM UCT+5:30 AUD Balance of Trade AUG A$1.3B A$1.551B A$1.4B NEGATIVE FOR AUD NEGATIVE FOR GOLD
More informationMONTHLY REPORT. USDINR Gone By. 2 nd March 2015
USDINR Gone By 2 nd March 2015 Rupee opened the month at 61.99 levels and initially remained on weaker note owing to negative sentiments in Global equities. According to the latest data, US GDP faltered
More informationWEEKLY UPDATE. Monday. 17 th February One step ahead and two steps back. Domestic Markets. Global Markets. Currency Update.
One step ahead and two steps back. Well, that s what is happening to our markets, we see that there is some progress happening but suddenly some event causes the whole effort futile. Last week we saw that
More information[ ] WEEKLY CHANGES AGAINST THE USD MACRO & MARKET COMMENTARY. » Emerging Market had another unstable week as plunging currencies promoted
June 11, 2018 [ ] MACRO & MARKET COMMENTARY» Emerging Market had another unstable week as plunging currencies promoted central bank to act accordingly. The Central Bank of Turky and The Reserve Bank of
More informationDaily Currency outlook
June 26, 2018 Daily Currency outlook PRODUCT 1 Other Product offerings Recommendation in the report Currency pair Contract Action Price Target Stoploss Duration US$INR June futures Sell 68.23 67.97 68.38
More information[ ] WEEKLY CHANGES AGAINST THE USD
January 22, 2018 [ ] MACRO & MARKETS COMMENTARY» The U.S economy and inflation expanded at a Modest to Moderate pace during December 2017, while wages continued to push higher according to the Federal
More informationWEEKLY CHANGES AGAINST THE USD
December 04, 2017 [ W E E K LY E C O N O M I C C O M M E N TA R Y ] WEEKLY ANALYSIS FOR THE MOST CRITICAL ECONOMIC AND FINANCIAL DEVELOPMENTS MACRO & MARKETS COMMENTARY» The U.S senate passed the long-awaited
More informationNivesh Weekly Currency Report
Report From 8 12 January, 2018 Important Highlights Euro zone Purchasing managers index for the manufacturing sector advanced in December at 60.6 from the 60.1 in month prior. US manufacturing purchasing
More informationCurrency Weekly. A W e e k l y C o m p r e h e n s i v e R e p o r t o n C u r r e n c y
INR 2 August 2010 NSE Aug 2010 45.9800 46.3100 46.6400 46.9400 47.2700 Sell at 46.76 TP 46.31/46.12 SL 47.12 MCX-SX Aug 2010 45.9800 46.3100 46.6400 46.9400 47.2700 Sell at 46.76 TP 46.31/46.12 SL 47.12
More informationWEEKLY CHANGES AGAINST THE USD MACRO & MARKETS COMMENTARY
July 03, 2017 [ W E E K LY E C O N O M I C C O M M E N TA R Y ] WEEKLY ANALYSIS FOR THE MOST CRITICAL ECONOMIC AND FINANCIAL DEVELOPMENTS MACRO & MARKETS COMMENTARY» Central banker s comments dominated
More informationCurrency Research Desk
Currency weekly 10 June 2013 Global economic review Last week, the global market ended on a negative note. A similar INDICES LAST 1 week ago % Change NIFTY 5881.00 5985.95-1.75 trend witnessed in the US
More informationCurrencies Daily Report
Currencies Daily Report www.karvycurrency.com Thursday 20 April 2017 Market Overview Fed's Beige Book repeated the economy rose at a modest to moderate pace, as is the usual characterization. This is the
More informationNivesh Monthly Dollar/Rupee Outlook
Nivesh Monthly Dollar/Rupee Outlook 4 December, 2017 Currency LTP Chg. % USDINR 64.43 0.52 EURINR 76.48 1.41 GBPINR 86.79 1.40 JPYINR 57.46 0.33 DX 92.97 1.55 EURUSD 1.1898 2.16 GBPUSD 1.3530 1.86 USDJPY
More informationWEEKLY UPDATE. Markets retreat after making record highs on disappointing results. Domestic Markets. Global Markets. Currency Update.
Markets retreat after making record highs on disappointing results. Dear Readers, A very good morning. Markets ended in red on Friday, retreating from fourth consecutive record highs hit in the morning
More informationCommodities Corner. U.S. equities closed at record high; oil prices soar. REP-039
REP-039 www.jamapunji.pk U.S. equities closed at record high; oil prices soar GOLD: Gold prices plunged to a five-month low as Federal Reserve raised its benchmark interest rates for the third time this
More informationWEEKLY CHANGES AGAINST THE USD MACRO & MARKETS COMMENTARY
July 31, 2017 [ W E E K LY E C O N O M I C C O M M E N TA R Y ] WEEKLY ANALYSIS FOR THE MOST CRITICAL ECONOMIC AND FINANCIAL DEVELOPMENTS MACRO & MARKETS COMMENTARY» Federal Open Market Committee (FOMC)
More informationMetals & Energy Aug. 21, 2015
Market synopsis Precious Metals Base metals High Low Close %Chg OI High Low Close %Chg OI MCX MCX (Rs/kg) Gold(Oct) (Rs/1 gm) 26,874 26,2 26,849 2.5 9,974 Alum.(Aug) 12.6 1.6 11.8 1.3 6,591 Silver(Sept)
More informationCOMMODITY DAILY. Global Market Round Up. Commodity Research - Alpha Commodity Pvt Ltd. As on Friday, April 28, 2017
Global Market Round Up Commodities traded lower with Bullion declined in evening session on stronger dollar on US tax reforms. Crude oil prices traded lower after steady trading session on supply overhang
More information[ ] WEEKLY CHANGES AGAINST THE USD
February 26, 2018 [ ] MACRO & MARKETS COMMENTARY» Federal Reserve officials see the economic growth and the acceleration of inflation as a good signal to continue to raise interest rate gradually over
More informationCurrency Research Desk
Currency Research Desk Currency weekly October 29, 2012 Global economic review Economic performance All the Financial markets remained at tenterhook expect some of the Asian bourses. However, the two largest
More informationDaily Currency Price Outlook and Strategy D e c i s i o n e n a b l i n g m a r k e t a n a l y s i s & p r i c e o u t l o o k
Next 10 Trading days Daily Currency Price Outlook and Strategy Report for May 04, Global Currency Price Outlook Summary 03 May Dollar Index EURUSD May 17 Closing Price 99.21 1.0882 64.15 64.36 Change +0.23-0.0045
More informationDaily Market Reflection
Daily Market Reflection Market Outlook Snapping its two-day winning run, the rupee today took a hefty knock by plunging 23 paise to close at 65.05 a dollar amid fresh demand for the US currency from importers
More informationCurrencies Daily Report
Currencies Daily Report Powered by Karvy Forex & Currencies Pvt. Ltd. www.karvyforex.com Tuesday 19 Sep 2017 Market Overview Dow Jones closed at record highs for 5th consecutive day whereas as S&P500 closed
More informationWeekly FX Insight. Weekly FX Insight. Dec 30, 2013 with data as of Dec 27. Citibank Wealth Management. FX & Eco. Figures Forecast
Citibank Wealth Management Weekly FX Insight Weekly FX Insight Dec 30, 2013 with data as of Dec 27 Market Review & Focus FX Analysis Weekly FX Recap 01 GBP/USD 03 USD/JPY 04 Weekly FX Focus 02 NZD/USD
More informationDaily Market Update Report as on Tuesday, August 21, 2018
Daily Market Update Report as on Tuesday, August 21, 2018 Gold prices turned higher in yesterday s session as improving risk appetite triggered a reversal of haven-seeking capital flows buoying the US
More informationGermany 10 Year Benchmark
INR: THE DOMESTIC CURRENCY COULD REMAIN RANGE BOUND. July 12 th, 2016 MARKET OUTLOOK The Indian Rupee could remain range bound on Tuesday. However, most Asian currencies fell against the greenback. However,
More informationCYGNUS CURRENCY RESEARCH REPORT. Major Crosses. EUR/USD Duration Bid Ask. Dollar Index Month
WEEKLY CURRENCY REPORT MONDAY, 25 -JULY-2016 CYGNUS CURRENCY RESEARCH REPORT SPOT RATE RBI REF RATE Major Crosses USDINR - Forward Rates (In Paise) EUR/USD 1.0975 Duration Bid Ask PAIR 7/22/2016 %Change
More informationDaily Market Update Report as on Monday, October 15, 2018
Daily Market Update Report as on Monday, October 15, 2018 Gold prices look firm this week as stocks eased due to concerns about a potential decline in China s economic growth amid an ongoing trade war
More informationMONEY MAKER RESEARCH & INVESTMENT ADVISOR PVT. LTD.
MONEY MAKER RESEARCH & INVESTMENT ADVISOR PVT. LTD. 11/JUNE/2018 WWW.MONEYMAKERFINANCIAL.COM Weekly Wrap: The market ended the volatile session almost flat as losses in banks shares negated gains in IT
More informationWeekly Commodity Report (7 th -May-2018)
() 1 MCX GOLD Daily Chart GOLD Commentary Fundamental News: The price of gold has been feeling the pressure lately from a stronger U.S. dollar, which is at a four-month high, and rising Treasury yields.
More informationCurrencies Daily Report
Currencies Daily Report Powered by Karvy Forex & Currencies Pvt. Ltd. www.karvyforex.com Wednesday 26 Jul 2017 Market Overview The Fed is widely expected to keep interest rates unchanged. Signs from the
More informationShroffConnect Weekly Report 15 th September, 2018
ShroffConnect Weekly Report 15 th September, 2018 Aditya Shroff Stock Broking Services Shroff Securities Pvt. Ltd. Portfolio Management Services Kolkata: 033 40662165/22627829 Bangalore: 080 25588305/25588306
More informationWeekly Market Reflection
Weekly Market Reflection 20 th August to 24 th August 2018 Market Outlook USDINR On Thurday, against the US dollar, the Indian Rupee plunged to a record low of 70.4925 with market participants sentiments
More informationMONTHLY REPORT. Month gone by
Month gone by USD/INR Outlook 31st January, 2012 The New year started on a stronger note for the Indian currency and the equity markets. The Indian currency strengthened by 7.50 % in the January month
More informationDaily Market Update Report as on Tuesday, November 13, 2018
Daily Market Update Report as on Tuesday, November 13, 2018 Gold slid as the dollar rose to 16-month highs, boosted by the U.S. Federal Reserve s hawkish interest rate policy and political uncertainty
More informationDaily Market Update Report as on Monday, September 17, 2018
Daily Market Update Report as on Monday, September 17, 2018 Gold posted a volatile two-sided trade last week settled at 30436 level. Early in the week, a weaker U.S. Dollar drove the market higher due
More informationEquity Update October 2018
Market Overview (as on September 28, 2018) Flows Sept-18 Aug-18 July-18 FIIs (Net Purchases / Sales) (Rs cr) MFs (Net Purchases / Sales) (Rs cr) Domestic Markets Macro Indicators GDP (YoY%) IIP (YoY%)
More informationEQUITY INDICES Close % chg Week % chg YTD EQUITY INDICES Close % chg Week % chg YTD
Week ending: January 25, 2013 MAJOR NEWS: Markets were up owing to encouraging economic data and better-than-expected earnings reports. Looking ahead: Initial estimates of the U.S. GDP data to be released.
More informationDaily Currency outlook
June 6, 2018 Daily Currency outlook PRODUCT 1 Other Product offerings Recommendation in the report Currency pair Contract Action Price Target Stoploss Duration US$INR June futures Buy 67.18 67.46 67.04
More informationCurrency Weekly A C o m p r e h e n s i v e R e p o r t
Global economic review Economic performance: The last week we saw the European soverign feras coming back to haunt the markets. The Equity as well as the currency markets tumbled led by the European region.
More informationGlobal Markets Research Daily Market Highlights. Key Takeaways. What s Coming Up Next. September 25, 2017
September 25, 2017 Global Markets Research Daily Market Highlights Key Takeaways Fed speaks over last Friday revealed no new details. Kansas City Fed President Esther George stated that muted market reaction
More informationCMS Prime DAILY MARKET REPORT
CMS Prime DAILY MARKET REPORT May 1,5 2018 EURUSD BEARISH BIAS short position at 1.1935 with SL : 1.1960 and with targets at 1.1910 and 1.1890 long position at 1.1960 with SL : 1.1910 and with targets
More informationCOMMODITY RESEARCH Kunal Kame COMMODITY DAILY 13 TH JULY 2018
COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 13 TH JULY 2018 In Yesterday s Session Bullion extended its fall into fourth session as dollar firmed against its peers after expectation-beating inflation
More informationMarket Watch. Latest monthly commentary from the Investment Markets Research team at BT. March Review Developments in Financial Markets
Market Watch Latest monthly commentary from the Investment Markets Research team at BT. March Review 2018 INSIDE THIS ISSUE Stock markets were blindsided on the first day of March, when US President Donald
More informationMarket Overview. Indices Week Open Week Close CHANGE NASDAQ DOW JONES NIKKEI
Forex Weekly Report Powered by Future Investment www.futureinvestments.sg Monday 24 Dec 2018 Market Overview The US Dollar will be overwhelmingly pre-occupied with a single event in the week ahead: the
More informationWEEKLY UPDATE. Domestic Markets. Global Markets. Currency Update. Commodity Update. Monday 10 th February 2014
GDP revision downwards triggers a selloff, but markets manage to climb back. Domestic Markets Markets ended higher on Friday but on weekly basis closed in red. The revision of GDP growth rate downwards
More informationCurrencies Daily Report
Currencies Daily Report Powered by Karvy Forex & Currencies Pvt. Ltd. www.karvyforex.com Thursday 08 Jun 2017 Market Overview Political winds from elections in the U.K. and testimony to Congress by the
More informationMay 23, 2009 USD/INR-SPOT
Weekly Technical Recommendation CURRENCY S2 S1 PREV CLOSE R1 R2 Recommendations* USD/INR 46.40 46.60 47.13 47.45 48.05 Sell at 47.50 SL 46.60 SL 48.06 EURO/USD 1.3500 1.3700 1.3996 1.4300 1.4500 Buy at
More informationCOMMODITIES CORNER. Gold set for biggest weekly loss since August as dollar weighs. Synopsis Gold (Play the Range) 2nd Resistance
COMMODITIES CORNER Synopsis Gold (Play the Range) US$1,230 US$1,225 US$1,215 US$1,210 Silver (Play the Range) US$14.70 US$14.60 US$14.30 US$14.20 WTI (Play the Range) US$61.80 US$60.80 US$58.30 US$57.00
More information