• Asian equities are trading cautiously but on a positive front as investors tried to digest China quarterly GDP numbers, although the GDP growth was in line with the Reuters poll of 6.4%(YoY), but the levels were similar to the growth seen during global financial crisis in early 2009 despite constant easing by fiscal and monetary authorities.
• US Treasury yields stretched its gains as the investors risk appetite returned with the hopes for a thaw in US-China trade tensions. But a prolonged US Government partial shutdown is keeping a lid on gains in Dollar Index.
• Britain Prime Minister Theresa May will present the Brexit plan-B today at 8.00PM IST after her Plan-A beaten down by a historic margin.
• PBOC fixed the Yuan reference rate at 6.7774 per dollar Vs 6.7665.
• Indian Rupee opened at 71.36 a dollar and is expected to trade between 71.10 – 71.50 range for the day.
• US markets will remain closed today on account of Martin Luther King Jr. Day.
• US Treasury yields stretched its gains as the investors risk appetite returned with the hopes for a thaw in US-China trade tensions. But a prolonged US Government partial shutdown is keeping a lid on gains in Dollar Index.
• Britain Prime Minister Theresa May will present the Brexit plan-B today at 8.00PM IST after her Plan-A beaten down by a historic margin.
• PBOC fixed the Yuan reference rate at 6.7774 per dollar Vs 6.7665.
• Indian Rupee opened at 71.36 a dollar and is expected to trade between 71.10 – 71.50 range for the day.
• US markets will remain closed today on account of Martin Luther King Jr. Day.
No comments:
Post a Comment