TREND - NEUTRAL TO BULLISH
Events effect rupee this week:-
USA – CHINA TRADE TALK
USA INFLATION / RETAIL SALES DATA
OIL PRICE IN RANGE
FII ON BUYING MODE
SLOWDOWN IMPACT ON CORPORATE EARNING
WEEKLY PROJECTION – 70.54 (70.86 – 71.66) 72.15
HIGHLIGHTS – 04TH FEB – 08TH FEB 2019
INDIA FOREX RESERVE $400.24B Vs. $398.18B ( WEEKLY)
RBI CUT INTREREST RATE AND REVERSE REPO RATE BY 25 BPS
RBI LOWERING INFLATION AND GROWTH TARGET
ECB CUT GROWTH AS WELL AS INFLATION TARGET
RESERVE BANK OF AUSTRALIA ALL ABOUT DOVISH
TRUMP SAYS HE WON’T MEET XI JINPING BEFORE TARIFF DEADLINE
BOE “ WEAKEST UK OUTLOOK SINCE 2009 ON BREXIT, GLOBAL SLOWDOWN
תגובות