WEEKLY RANGE – 68.06 (68.28 – 68.92 ) 69.22
POSITIVE ASPECT :-
Heavy Government as well as corporate bond buying.
Higher Yields attract carry trades to Asian bonds.
Dovish Monetary policy provide liquidity.
CONCERN:-
Central Bank (RBI) intervention
Oil appreciation
Trade war uncertainty
IRAN as well as TURKEY concern
TECHNICAL INDICATORS:-
DERIVATIVES:-
INDIAN 10 YEAR BONDS:-
Conclusion :-.
Importers: - Buying must be in every dip.
Exporters: - Go for Option Strategy.
UPCOMING WEEK IMPORTANT ECONOMIC EVENTS:-
CHINA GDP Q2
INDUSTRIAL PRODUCTION
GERMAN ZEW SENTIMENT (JULY)
USA CORE AND RETAIL SALE(MOM)
CRUDE OIL INVENTORIES
PHILADELPHIA FED MANUFACTURING INDEX(JULY)
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