Friday, 2 February 2018

Good Morning!

Asian market trading lower early Friday after Wall Street closed mixed and yields on US government debt rose in the last session.
US Treasury yields continued to climb after economic indicators seemed to confirm the Fed's inflation views.
The U.S. dollar index trading flat, holding above a three-year low of 88.42 set one week ago, but rose against the Japanese yen but failed to extend those gains to other currencies such as the euro and sterling, with market participant would be watching NFP data schedule later during the day for further direction

The Indian Rupee expected to open above 64.05 against previous closing of 64.01 and likely to trade volatile in the range of 63.85-64.25 with equities market & bond yield giving further direction in the pair. 

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