Wednesday, January 17, 2018 New York : London: India: Tokyo:

MARKET FOCUS FROM NSP FOREX

 

   

 

 

USD INR
 
SPOT CURRENCY RATES
USD/INR FORWARD RATES
MAJOR CURRENCIES
COMEX & NYMEX
Powered by Investing.com
 
ALL CURRENCIES
Global Market

Live World Indices are powered by Investing.com india
 
INDIAN MONEY MARKET RATES
INTERNATIONAL MONEY MARKET RATES
ECONOMIC CALENDAR
Real Time Economic Calendar provided by Investing.com.

 

Welcome to nspForex

Indian Latest Market Info

MARKET News

The benchmark BSE Sensex rose by 92 points to 34,936.03 in early trade on continued buying by investors driven by encouraging quarterly earnings amid a firm trend in other Asian bourses. However, concerns prevailed over trade deficit ballooning to a three-year high. The 30-share index, which gained 410.44 points in the previous three sessions, rose further by 92.52 points, or 0.26 %, at 34,936.03.

the 30-share benchmark Sensex index erased some of its gains and was trading slightly higher, led by gains in shares of metal, pharma and consumer durable companies.

Read more at: 
http://www.livemint.com/Money/7OLPajmWZCzXNZidPn9dWK/Sensex-rises-40-points-metal-stocks-jump.html?utm_source=copy
the 30-share benchmark Sensex index erased some of its gains and was trading slightly higher, led by gains in shares of metal, pharma and consumer durable companies.

Read more at: 
http://www.livemint.com/Money/7OLPajmWZCzXNZidPn9dWK/Sensex-rises-40-points-metal-stocks-jump.html?utm_source=copy

RUPEES  News

The Indian rupee weakened against the dollar in early trades on Tuesday, 16 January 2018 after concerns over trade deficit ballooning to a three-year high. Trade deficit or difference between imports and exports was USD 14.88 billion in December, up about 41 per cent year- on-year, as crude oil and gold import bill inflated, the commerce ministry data showed. Besides, the currency dropped owing to dollar's strength against some other currencies overseas but a higher opening in the domestic equity market capped the fall.

 
The Indian rupee gained in the opening trade. It has rose by 17 paise at 62.15 per dollar against 62.32 Friday.

Read more at: http://www.moneycontrol.com/news/local-markets/sensex-nifty-flat-infosys-ntpc-mm-early-gainers_1272197.html?utm_source=ref_article
Date : 16/01/2018

 

Open

High

Low

Pre. Close

63.6000

63.7700 63.6000 63.4850

 

Currency  Update

The euro inched lower on Tuesday, taking a breather after having rallied on the back of optimism about the euro zone’s economic outlook and expectations for the European Central Bank to wind down its massive monetary stimulus. The euro hit fresh three-year highs against the dollar, building on last week’s strong surge, with EUR/USD rising 0.61% to 1.2271.

Economy Update

India’s trade deficit in December was at its widest in over three years as a surge in import of gold, precious jewellery and crude oil offset rising exports.

The trade deficit, the gap between exports and imports, stood 41.1 percent higher compared to last year at $14.88 billion, according to data released by the Ministry of Commerce. The deficit was at $13.83 billion in November.

 

RBI REFERENCE RATE as on 16/01/2018

Currency Pairs Reference Rate 

INR/1 USD

63.7602

INR/1 EURO

78.2019

INR/ 1 GBP

87.9126

INR/100 YEN

57.50

 

Global Market Info

Asian shares pushed higher on Tuesday, erasing early modest losses while the euro stood near a 3-year peak on rising expectations that the European Central Bank could pare its monetary stimulus. US stock markets remained shut yesterday, 15 January 2018, for the Martin Luther King Jr. holiday.

U.S. dollar index, which measures the greenback's strength against a trade-weighted basket of six major currencies, was last quoted down 0.54% to 90.13. Overnight, the dollar continued to fall against a currency basket amid speculation that the European Central Bank is preparing to scale back its massive stimulus program, as trading remained thin on a U.S. holiday.

Bond News

The yield on 10-year bond increased 11 basis point to 7.55 percent.

The yield on 10-year Treasuries was unchanged at 2.55 percent.

Japan’s 10-year yield advanced less than one basis point to 0.078 percent

Commodities

WTI crude increased 0.7 percent to $64.72 a barrel, reaching the highest since 2015.

Brent crude ended higher for sixth day at $70.26 per barrel, up 0.6 percent.

Gold rose 0.1 percent to $1,340.72 an ounce, the highest in more than four months

Login Form