Morning Report 2nd February,2018

Transcription

1 Morning Report 2nd February,2018 Major Cur Pair Emerging Currencies Asian Equity Currrency Last % Change Currency Last % Change Index Last % Change EURUSD KRW FALSE 0.93 Sensex GBPUSD IDR Nifty USDJPY BRL Kospi USDCHF CNY Shanghai USDCAD Ruble Nikkie d: User req ed: User req USDINR Forwards + DXY and Brent World Equity Date Points Rate Cash 2.00 Index Last ######## Tom 0.50 Dax ######## NDF 1M CAC ######## NDF 3M FTSE ######## MCX 1 M Dow ######## BRENT Nasdaq ######## DXY S&P % change USDINR OHCL Open High Low Close India Debt Market Money market Mibor Yesterday G Sec 10 yr M 1 Week MIFOR 12 Month T Bill 1 Month M in % 6 Month #N/A FII Action 1 Year Debt in USD M Equity Important Readings Libor Currency Event Actual Previous 1 month GBP Manufacturing PMI month USD ISM Manufacturing PMI month month month

2 Pivot Table Currency S3 S2 S1 Pivot R1 R2 R3 USDINR EURUSD GBPUSD USDJPY ####### ###### ####### ####### ####### USDCHF USDCAD Technical Signals Currency RSI MA OHL BB USDINR Oversold Far from S None Near LowerB EURINR Oversold Far from S None Near LowerB GBPINR Oversold Far from S None Near LowerB JPYINR Oversold Far from S None Near LowerB Major Currency Chart (Source: Reuters) Daily INR=IN Cndl, INR=IN, 02/02/2018, , , , , , (+0.14%), BBand, INR=IN, 02/02/2018, , , /01/ /02/2018 (GMT) Price INR RSI, INR=IN, 02/02/2018, Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Q Q Q Q Q Value INR

3 Daily INR=IN, JPY=, EUR= 16/11/ /02/2018 (GMT) Price USD Line, INR=IN, 02/02/2018, , , (+0.14%), Line, JPY=, 02/02/2018, , Line, EUR=, 02/02/2018, , , (-0.10%) Price INR Nov 17 December 2017 January Events To Watch Currency Events Actual Forecast Prior GBP Construction PMI USD Average Hourly Earnings m/m 0.20% 0.30% USD Non-Farm Employment Change 181K 148K USD Unemployment Rate 4.10% 4.10% Today >Govt Bonds:Indian government bonds fall as investors await a fresh supply of notes through a weekly auction. >Pan Capital Advisory: We hope that importers booked Jan imports on lower levels around 63.25/30 as suggested by us and wait for long term import payments and recommend exporters to start covering their immediate recievables around 64.15/20 and partially hedge long term exports. >Asian Currencies are mix. Appreciation led by MYR by 0.32% to and Depreciation led by KRW by 0.97% to >OIL: Oil is trading at U.S. oil rose for a third day after a survey showed strong compliance with output cuts by OPEC and others including Russia, offsetting concerns about surging U.S. production. >Economic Event:Yesterday India's FM Arun Jaitely delivered annual budget in that raised government spending for rural areas and support to farmers, while slowing the pace of fiscal consolidation and projected economic growth above 8% that won broad approval from economists, though bond and share markets fell. Today we have US's NFP, Average hourly earnings and unemployment data, any positive reading may provide strength to Dollar. >India prioritises rural spending, healthcare in budget as election looms. >Budget spurs inflation worries ahead of RBI policy.

4 >Budget spurs inflation worries ahead of RBI policy. >India's April-Dec fiscal deficit touches pct of full-year target. >India vows to eliminate use of cryptocurrencies. >India factory growth cools to 3-month low in Jan on weaker demand. >Global funds bought $171.80mln of local stocks and bought $217.90mln of debt as on yesterday. Due to the number of sources from which the Content is obtained, there may be delays, inaccuracies or deletions in such Web Site Content, Advice, and Message.The content/recommendations/comments/messages are provided AS IS, without any warranties. Pan Capital Services Ltd. and its directors, employees and associates do not warrant the accuracy, completeness, timeliness, correctness, merchantability,title or fitness for a specific purpose of the content/recommendations/comments/messages available through the website, or the website itself, and Pan Capital hereby disclaims any such express or implied warranties. Neither Pan Capital Services Ltd. nor any of its directors, employees, and associates will be liable to anyone for any loss or injury. In no event will Pan Capital Services Ltd.be liable to you or anyone else for any action/decision made by you in belief on such content/recommendations/comments/messages

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